The new normal: A half-million-dollar median-priced NH home
That half-million-dollar benchmark has stayed in place every month since, according to data from the New Hampshire Association of Realtors.
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Home prices in New Hampshire rose by an annual 4.4 percent in December, according to the real estate data analytics firm CoreLogic.
The company said prices rose even more in the Manchester-Nashua area, where the increase from December 2015 was 4.7 percent.
On a month-over-month basis, home prices in the Manchester-Nashua area, increased by 0.9 percent in December from November.
Home prices nationwide rose by 7.2 percent in December
compared with December 2015 and increased month over month by 0.8 percent in December 2016 compared with November, according to CoreLogic.
Dr. Frank Nothaft, chief economist for CoreLogic, said the firm’s Home Price Index Forecast indicates that prices will rise 4.7 percent during 2017, which would put homes prices at a new nominal peak before the end of this year."
That half-million-dollar benchmark has stayed in place every month since, according to data from the New Hampshire Association of Realtors.
The availability of affordable yet well-maintained housing has become a perennial issue in New Hampshire communities and in the New Hampshire Legislature. While local and state policies and programs may open pathways to increased housing opportunities, policies alone won’t create new housing or keep existing homes in safe and livable condition.
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