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Prices Rose 7.1% Year-Over-Year

 

Prices rose in MA 4.7%.  While it is less than the national average, the Boston market remains more stable than a lot of markets in the US, and saw less depreciation compared to many others during the downturn. 

 

Some Highlights:

  • CoreLogic’s latest Home Price Index shows that prices rose by 7.1% across the United States year-over-year.
  • With mortgage interest rates rising in the short term, CoreLogic believes price appreciation will slow to 4.7% by this time next year.
  • 49 out of 50 states, and the District of Columbia, all had positive appreciation over the last 12 months, with the only exception being the state of Connecticut, which experienced a -0.5% appreciation.

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