Goodbye Condo Mania

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Passengers on the Poseidon aren't the only people in distress this summer. Condo owners, who had been cruising along propelled by double-digit price gains, are encountering cooler currents and the prospect of perilous waters ahead.
The supply of existing condos for sale increased by almost two-thirds during the year that ended in April. At the same time, sales fell slightly, according to