Homes vs. Condos

S&P/Case-Shiller Home Prices Indices cover condominiums in five markets as well as single family homes in 20 cities.  The table compares the boom-bust and recovery results for homes and condominiums in the five cities — Los Angeles, San Francisco, Chicago, Boston and New York.   The overall performance is similar between homes and condos but there are a few differences. Los Angeles condos had the largest rise of any market, gaining more from 2000 to their peak than even Miami did.  New York condos have recovered much more strongly than single family homes in the region.  Peak and trough dates are generally close between the two housing types. (Click on the table for a larger image.)

Homes and Condos

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  1. […] condo market is so strong it has spurred a building boom. Los Angeles condo prices gained even more strength than Miami’s this past […]

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