Boston’s housing prices showed strength in June, increasing 2.5 percent on a month-to-month basis, according to the latest Case-Shiller Home Price Index Boston Business Journal.
Boston's June prices slightly outpaced the Case-Shiller national home price index, a 20-city composite that rose 2.3 percent over May's numbers. Boston's home prices were flat on a year-over-year basis.
June marked the third consecutive month in which home prices in all 20 cities rose on a month-over-month basis. The index follows existing home sales in major metropolitan areas and uses 2000 as a base year to measure price changes in a given real estate market.