boston real estate blog   
Sponsored by Ford Realty Inc.
137 Charles Street, Boston
151 Tremont Street
boston real estate blog
| Home | Search Boston Condos | Search Boston Rentals | Buying
Real Estate
| Selling
Real Estate
| About Us | Contact Us

Forecast: Boston home prices to moderate in 2014

CoreLogic Case-Shiller has some interesting housing market forecasts for 2014 and 2015.

We ran the numbers for Massachusetts and here’s what we found:

CoreLogic Case-Shiller is forecasting home price increase of 3.7 percent in the Boston-Quincy area from the third quarter of last year (the latest data available) through the third quarter of this year, compared to 6.7 percent in the year prior. Price increases are then expected to run at about 2.5 in 2015.

Cambridge-Newton-Framingham, as designated by CoreLogic Case-Shiller, should see still hefty price increases of 6.2 percent through the third quarter of this year, down from 7.3 percent the year before. That’s not much of a decrease, but it’s still a decrease.

The Peabody area (which we assume is the North Shore area, though many might disagree) should see 6.5 percent growth in prices through the 3Q of 2014, and a price jump of 5.9 percent in 2015. Again, prices are still driving relentlessly up, but they’re still below previous year’s growth of 7.1 percent.

Now here’s where it gets interesting.

The Worcester, Springfield, Pittsfield and Barnstable markets, as defined by CoreLogic Case-Shiller, should see substantial price increases in coming years, considerably above last year’s levels.

We assume that’s because those housing markets haven’t recovered as quickly in recent years and still have more room for price growth.

Repeat: These are just forecasts.

And it’s also worth noting: This is Massachusetts. Our housing market here has been crazy in recent decades, and there’s simply not enough new housing here to meet demand. That means … well, you figure it out.

Read other posts about: Massachusetts real estate

Leave a Reply »»

Comments may be moderated, edited or deleted; by leaving a comment, you are agreeing to the Terms of Service of this website.

Let's talk Boston real estate. The most recent real estate comments

  • Tyler Mills, Lenders go into overdrive to clear out backlog of delinquent mortgages: Instead of forcing out the...
  • warren currier, ‘Boston’s faux housing boom’: Scott, Do you own any units in Boston? Supply /...
  • Nishant, Major Developers: Affordable homes can only be built outside downtown Boston: Yes, this is correct that...
  • warren currier, Done deal: Dr. Dre buys Tom and Gisele’s mansion for $40M: The property is located in LosAngeles,...
  • JS, Despite predictions, inventory of homes for sale continues to fall in Mass.: One thing that could be holding...
  • dcmhomebuyers, For 74 Beacon Street, it was the kitchen, stupid: Nice house. I think front section to location of...
  • Johnd478, Five signs you’re a ‘renter for life’: I just couldnt depart your site prior to...
  • Dionis Padron, Downtown condo prices now averaging near $1 million each: great article but prices for standalone...
  • John Ford, Charles Ponzi’s old Lexington home for sale at $3.3M: That’s a great idea. Anyone have an idea how...
  • Rich, Charles Ponzi’s old Lexington home for sale at $3.3M: Speaking of Mr. Ponzi, he ran his Ponzi scheme out of an...
  • amparo bracero, Big changes in store for Tremont Street?: I will love to comunicated my self with aida I was one of...
  • warren currier, Low mortgage rates may partly explain low inventory: The banks are making it very hard to get a loan....
  • Kiki, ‘Our biggest impediment’: Inventory: A quick maybe unrelated question. What’s a typical or...
  • JS, Hey, let’s tear down most of downtown Boston for the Olympics: I agree, and I resent the commission describing us...
  • PROPERTY MANAGEMENT COMPANIES in Carlsbad CA, ‘Our biggest impediment’: Inventory: good blog
  • Phoenix property management, Blog: As you may have noticed I am having problems with the comment section of the blog....
  • Phoenix property management, Get your very own ‘mushroom house’: Good post. i like it so much.
  • Phoenix property management, Get your very own ‘mushroom house’: Good post. I like it
  • PROPERTY MANAGEMENT COMPANIES in Carlsbad CA, California dreamin’ on such a winter’s day …: Good post...
  • Borris C., ‘Friendly competition’ keeps Seaport rents as high as possible: Sounds like good old-fashioned collusion...

  • Join us on Facebook Subscribe To FeedBurner Follow us on twitter Newsletter sign-up


    Are you considering the purchase or sale of a home in Boston?

    Contact us today to discuss ways we can help make the experience easy and stress-free.

    Search past blog entries

    Site tools

    Add To Google      Subscribe To FeedBurner

    Add To My Yahoo!

    | | | |

    Boston Real Estate/Boston Condos for Sale -
    Search MLS

    Select property type:
    Select area:
    Select property size:
    Price from:
    Price to:
    MLS #

    Boston Real Estate and Boston Condos

    Click on the links below for Boston condo neighborhood sales listings

    Boston Back Bay Condos

    Beacon Hill Condos

    Boston Charlestown Condos

    Fenway Boston Condos

    Boston South End Condos