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Started by Rinette
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Worst since 2012? https://www.wsj.com/economy/housing/the-condo-market-hasnt-been-this-bad-in-over-a-decade-9f3e7256 The Condo Market Hasn’t Been This Bad in Over a Decade Condo prices this fall posted their biggest declines since 2012, hit by rising homeowner-association dues and weaker demand By Nicole Friedman Jan. 1, 2026 9:00 pm ET Quick Summary U.S. condominium prices experienced their... [more]
Worst since 2012? https://www.wsj.com/economy/housing/the-condo-market-hasnt-been-this-bad-in-over-a-decade-9f3e7256 The Condo Market Hasn’t Been This Bad in Over a Decade Condo prices this fall posted their biggest declines since 2012, hit by rising homeowner-association dues and weaker demand By Nicole Friedman Jan. 1, 2026 9:00 pm ET Quick Summary U.S. condominium prices experienced their largest annual decline since 2012, falling 1.9% from a year earlier in September and October. Rising homeowner-association fees, higher insurance premiums, and maintenance costs are making condominium purchases less affordable. Over 10% of condos had a lower estimated value in November than their last sale price, with some metro areas seeing over 25%. An artificial-intelligence tool created this summary, which was based on the text of the article and checked by an editor. Read more about how we use artificial intelligence in our journalism. [less]
Quick Summary
U.S. condominium prices experienced their largest annual decline since 2012, falling 1.9% from a year earlier in September and October.
Rising homeowner-association fees, higher insurance premiums, and maintenance costs are making condominium purchases less affordable.
Over 10% of condos had a lower estimated value in November than their last sale price, with some metro areas seeing over 25%.
An artificial-intelligence tool created this summary, which was based on the text of the article and checked by an editor. Read more about how we use artificial intelligence in our journalism.