Boston Real Estate for Sale

Boston Real Estate

Loading...

Case Shiller: Housing data

  • Home prices nationally in February rose 12% year over year, up from 11.2% in January, according to the S&P CoreLogic Case-Shiller home price index.
  • The 10-city composite rose 11.7% annually, up from 10.9% in January.
  • The 20-city composite gained 11.9%, up from 11.1% in the previous month.
Home price gains continue to outpace expectations, as tight supply and strong demand lead to bidding wars.

Nationally, prices in February rose 12% year over year, up from 11.2% in January, according to the S&P CoreLogic Case-Shiller home price index.

The 10-city composite rose 11.7% annually, up from 10.9% in January. The 20-city composite gained 11.9%, up from 11.1% in the previous month. All the gains were in the double digits, except Chicago and Las Vegas.

“The National Composite’s 12% gain is the highest recorded since February 2006, exactly 15 years ago, and lies comfortably in the top decile of historical performance,” said Craig Lazzara, managing director and global head of index investment strategy at S&P DJI. “February’s price gains in every city are above that city’s median level, and rank in the top quartile of all reports in 18 cities.

Boston Real Estate

Loading...

Beacon Hill Condos for Sale

Ford Realty Inc., Charles Street, Beacon Hill

Click Here to view: Google Ford Realty Inc Reviews

Call Now