Pricing Nation Forecasts 1.74% Increase in Average Home Values Through Next 12 Months for Boston MSA

Released on: February 26, 2012, 9:55 am
Author: Pricing Nation
Industry: Real Estate

Boston MSA Average Home Prices Increasing 1.74% Through February 2014

February 26, 2012, 9:55 am – /EPR NETWORK/ — Pricing Nation Econometrics forecasts that the average home value in the Boston Metropolitan Statistical Area (MSA) will increase by 1.74% through the next twelve months. Some of the drivers of local change include average weekly wages and homeowner vacancies.  While there is a decline in supply (52.4% decrease in vacancies from Q3 to Q4 2012), there is not much improvement in the average weekly earnings (0.42% increase from Q3 to Q4 2012), which suppresses growth.

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