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Manchester-Nashua home prices fall in October
But, excluding distressed sales, they gain 1.8% from ‘13
After rising by a slim 0.3 percent in September, home prices in the Manchester-Nashua fell by the same amount in October, according to data from financial data firm CoreLogic.
The year-over-year prices, which include distressed sales, decreased by 0.5 percent in October 2014 compared to September 2014.
Excluding distressed sales, year-over-year prices increased by 1.8 percent in October 2014 compared to October 2013. On a month-over-month basis, excluding distressed sales, the CoreLogic data indicates home prices increased by 0.4 percent in October 2014 compared to September 2014.
Meanwhile, CoreLogic reported that home prices nationwide, including distressed sales, increased 6.1 percent in October 2014 compared to October 2013 – the 32nd consecutive month of year-over-year increases in home prices nationally.
On a month-over-month basis, home prices nationwide, including distressed sales, rose by 0.5 percent in October 2014 compared to September 2014.
