Manchester-Nashua home prices rise in June

4.9% increase reported from a year earlier


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Home prices in the Manchester-Nashua area increased by 4.9 percent in June compared to a year earlier, and they were 2.1 percent higher than only a month before, according to property information firm CoreLogic.

Excluding distressed sales, year-over-year prices increased by 4 percent in June 2015 compared with June 2014. On a month-over-month basis, excluding distressed sales, CoreLogic reported that Manchester-Nashua home prices increased by 1 percent in June 2015 compared with May 2015.

Distressed sales include short sales and real estate-owned transactions.

Nationally, home prices, including distressed sales, increased by 6.5 percent in June 2015 compared with June 2014, the company said – the 40th consecutive month of year-over-year increases.

On a month-over-month basis, home prices nationwide, including distressed sales, increased by 1.7 percent in June 2015 compared with May 2015.

Excluding distressed sales, only Massachusetts (-1.5 percent) and Louisiana (-0.1 percent) showed year-over-year depreciation in June.

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