December 2011 data in the S&P/Case-Shiller Home Price Indices showed falling condo prices in all five of the metro areas covered by the reports – Boston, Chicago, Los Angeles, New York and San Francisco.
Chicago was down most at 4.8% from November. San Francisco came was next with a 1.9% decline. In Boston, Los Angeles and New York, condos were down fell by 1.2%, 1.0% and 0.7%, respectively.