Evaluating The Housing Market Since the Great Recession
CoreLogic recently released a special report entitled, Evaluating the Housing Market Since the Great Recession. The goal of the report was to look at economic recovery since the Great Recession of December 2007 through June 2009.
The key metric in the report used to determine the healthiness of the housing market was appreciation. The report keyed in on appreciation from December 2012 to December 2017. The goal was determine prices over the last 5 years.
Frank Nothaft, Chief Economist at CoreLogic, commented on the importance of breaking out the data by state. Here what he had to say.
Massachusetts Home Price Appreciation in the Last 5 Years
According to Corelogic, the State of Massachusetts has seen 31% appreciation in home prices in the last 5 years. You can gain perspective on how Massachusetts fared in the last 5 years versus other states in the graphic below. Your home may be worth much more than you think…get the accurate price of your home now
Courtesy of Corelogic and Keeping Current Matters