August 2011 data for the S&P/Case-Shiller Home Price Indices were released on Tuesday October 25th and we saw further weakening in condo prices in the California metro areas. The LA index reported a decline of 0.7% in condo prices in August versus July, and the San Francisco index fell by 0.2%. The Boston index fell [...]
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Only New York condo prices did not weaken as the third quarter ended
September 2011 data for the S&P/Case-Shiller Home Price Indices were released on Tuesday November 29th and we saw declines in condo prices in four of the metro areas – Boston, Chicago, Los Angeles and San Francisco. The Boston index reported the largest decline in September versus August, down 1.4%; but, San Francisco was not far [...]