NYC home supply up in April

Appraisal firm Miller Samuel reports there were 10,369 co-op and condo units on the market in Manhattan at the end of April, up 20 percent from the same time last year. The number of homes for sale was down slightly, 0.7 percent, from March. Meanwhile, in 29 metropolitan areas nationwide, not including New York City, the supply of homes for sale in April fell 21 percent compared to the same time last year, according to ZipRealty. Nationally, inventories typically rise in April, but the number of homes for sale in the 29 areas fell 3.6 percent from the prior month.