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.