Condo Prices Already Dropped By Up To 33% In 24 Bigger Markets

Condo Prices Already Dropped By Up To 33% In 24 Bigger Markets Authored by Wolf Richter via Wolf Street, The price drops are getting relentlessly steeper: In 24 bigger markets, prices of mid-tier condos through April have dropped by 15% to 33% from their respective peaks between 2021 and 2024. Each of the markets is shown in a chart below: 24 mindboggling charts, depicting breath-taking price explosions, especially from mid-2020 to mid-2022, exceeding 50%, 60%, or even 70% in ju...