Sales crash 12% as condo market sees 80% more sellers than buyers.
BREAKING: The median US condo sale price declined -2.2% YoY in May, to $354,100, marking the second-largest decrease since at least 2012.
The only time condo prices dropped by a larger amount was in April 2023, by -2.9%.
Meanwhile, condo sales plunged -11.9% YoY, the most since… pic.twitter.com/7JZJhxdE3g
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