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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.

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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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