Home prices rise in Manchester-Nashua

Monthly, yearly increases reported

Home prices in the Manchester-Nashua area increased in January by 4.9 percent over January 2014, according to according to property information firm CoreLogic.

On a month-over-month basis, according to CoreLogic, home prices increased by 0.7 percent from December 2014.

The prices include distressed sales.

Excluding distressed sales, year-over-year prices increased by 5.1 percent in January 2015 compared to January 2014. But on a month-over-month basis, excluding distressed sales, the home prices decreased by 0.3 percent in January 2015 compared to December 2014.

The company said that nationwide, including distressed sales, prices increased by 5.7 percent in January 2015 compared to January 2014. On a month-over-month basis, nationwide home prices, including distressed sales, increased by 1.1 percent in January 2015 compared to December 2014.

Excluding distressed sales, home prices increased 5.6 percent in January 2015 compared to January 2014 and increased 1.4 percent month over month compared to December 2014. 

Categories: Real Estate & Construction