The Wall Street Journal previewed the coming second quarter sales reports (though we can't find it online in a free capacity), and they call the luxury apartment market ($8 million and up) "disgustingly healthy" and drop this bomb: "Driven by extraordinary gains in luxury co-op and condo prices, this quarter is likely to be even better than the bang-up first quarter, when the median sales price was $945,276, 13.2% above the year-earlier level and 11.2% above the 2007 fourth quarter's figure." [StreetEasy]
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