A Redfin report indicated that U.S. Condominiums sale prices increased 5.4% Y/Y to a median of $266K in August; trailing growth in single-family home prices, which surged 11.9% to $343K.

This indicates the largest price-growth gap between the two property types since 2014.

About one in five condos (21.9%) sold for above the price at which it was listed, +19.2% Y/Y; one of every three single-family homes (33.6%), +24.3% Y/Y and the highest share on record.

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