Good news from the S&P/Case-Shiller Home Price Index: The U.S. housing market saw an across the board price recovery, albeit a small price recovery, over the past year, the best showing in a few years.
Hold the champagne. There’s still a long way to go. And there’s been similar price bump ups since the 2008 Wall Street mess. But the signs are definitely pointing in the right direction.
In Boston, prices were actually flat over the past year, the report found. But the Boston housing market did see a 2.5 percent month-to-month increase in June, the report said.
File under: We’ll take it