Massachusetts makes list of places home prices rose the least in past Five years MABA MaBuyerAgent FirstTimeHomeBuyers MassachusettsRealEstate
As home prices have surged in many places over the last five years, Massachusetts lagged the national average. A new study by Boulder Home Source looked at all fifty states and analyzed five years of data from Zillow to determine where home prices rose the least. Massachusetts ranked tenth, as house prices increased forty point nine percent since 2018. “The past five years has seen the housing market experience a lot of turbulence, leading to increases in house prices across America,” a spokesperson from Boulder Home Source said.
“However, this study offers a fascinating insight into the states where prices are less likely to experience volatile increases and are more likely to remain relatively stable. This can serve as a useful guide to anyone looking to buy property in the next coming months or year.” North Dakota topped the list with house prices rising only twenty two point seven percent, the lowest of all fifty states. It was followed by Louisiana and Alaska at twenty three point six percent and twenty point seven percent, respectively. Maryland and Mississippi rounded out the top five at thirty three point nine percent and thirty six point seven percent. Illinois ranked number six at thirty seven point three percent, New York at thirty nine point three percent, Connecticut at thirty nine point four percent and West Virginia at forty percent.
The post Massachusetts makes list of places home prices rose the least in past 5 years appeared first on Boston Agent Magazine.
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