NEW YORK CITY-A survey conducted by PropertyShark.com has listedthe cheapest homes in the New York City housing market, marking thefirst time when homeownership is less expensive than renting ahome.
The average sales price for apartments is $370,000 in the fiveboroughs of New York. However, prices vary from market to market.Sales price in Queens, Bronx and Staten Island is $250,000 whileprices in Brooklyn and Manhattan markets hover around $400,000 and$600,000 respectively. For the full story, go toWall Street Journal.
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