Tag Archive for condo bubble

Owners at “Leaning Tower of San Francisco” Knock Condo Values to Zero

by Wolf Richter • Oct 4, 2016 • 68 Comments

“Values could climb in subsequent years if the building is repairable.”

Manhattan Luxury Condo Sales & Prices Fall

by Wolf Richter • May 8, 2016 • 25 Comments

In Lower Manhattan, 31 towers with over 5,000 apartments are sprouting up. They’re not exactly in the “affordable” category. The median price for condos – half sell for more, half sell for less – has soared 77% since 2013, to $2.43 million, while the median price in the overall Manhattan condo market has shot up…

San Francisco’s Epic Condo Construction Boom

by Wolf Richter • Apr 8, 2016 • 31 Comments

Few housing markets are crazier than San Francisco’s. But what had to happen is starting to happen: while house prices continue to soar, a phenomenal building boom is causing a condo glut that will reach dizzying proportions as new condo towers are completed. And now the dynamics of the market have reversed. The median condo…

The Predators Are Pouncing on the DC Housing Market

by Melissa Terzis • Nov 25, 2015 • 13 Comments

Are people so real-estate-crazy they can’t see how insane this has become?

This Will Bust San Francisco’s Insane Home Price Bubble

by Wolf Richter • Nov 22, 2015 • 24 Comments

One of its “Biggest New-Housing Construction Booms in History”

San Francisco’s Luxury Condo Bubble Turns into Condo Glut

by Wolf Richter • Nov 8, 2015 • 21 Comments

Bottom falls out of luxury real estate. Even houses.

It Gets Messy in Canada

by Wolf Richter • Jun 14, 2015 • 14 Comments

“All of that negative news has put a downer on consumer sentiment.”