How much do you think residential home prices rise in a typical year? 4 out of every 10 prospective home buyers surveyed by real estate search site Zillow say “7%,” which Zillow says – is way out of sync with reality.

Housing bubbles and busts aside, home values usually increase 2 to 5 percent a year, according to a Zillow study. The company points to Yale economist Robert J. Shiller’s index of housing prices from 1890 onward, which adjusts for inflation and shows a lot of up-and-down movement.

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Boston condos for sale

SEARCH FOR CONDOS FOR SALE AND RENTALS

For more information please contact one of our on-call agents at 617-595-3712.

Updated:  1st Q 2018

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