---
title: Home Prices Show Continued Housing Recovery in Boston, Nationally
description: Boston home prices increased 1.6 percent in October compared to October 2011, according to Case-Shiller.
---

[Massachusetts Home Buyer Guide, First-time Homebuyer Tips, Advice MA ](https://info.buyersbrokersonly.com/blog)

# [Home Prices Show Continued Housing Recovery in Boston, Nationally](https://info.buyersbrokersonly.com/blog/bid/202726/Home-Prices-Show-Continued-Housing-Recovery-in-Boston-Nationally)

 Written by [Rich Rosa](https://info.buyersbrokersonly.com/blog/author/rich-rosa) | Jan 13, 2013 1:21:00 PM

US home prices rose in most major cities in October compared with a year ago, pushed up by rising sales and a decline in the supply of available homes, [Time Magazine](http://business.time.com/2012/12/26/us-home-prices-rise-in-october-from-previous-year/) reported December 26, 2012.

The Standard & Poor’s/Case-Shiller national home price index increased 4.3 percent in October compared with the same time a year ago. October marked the largest year-over-year increase in two and a half years, when the home buyer tax credit temporarily boosted sales.

Boston home prices increased 1.6 percent in October compared to October 2011, according to Case-Shiller, [Boston.com](http://www.boston.com/businessupdates/2012/12/26/boston-area-home-prices-rising-but-more-slowly-than-other-large-cities/PfKjPOEPOhZnlz7C3YePtL/story.html) reported. [Inventory has declined in the Greater Boston Area](https://info.buyersbrokersonly.com/blog/bid/196159/Massachusetts-Real-Estate-Inventory-Declines-November-2012) over the past year, one factor in the increase in home prices. 

Prices rose in October from a year ago in 18 of 20 cities. Phoenix led all cities with a 21.7 percent gain, followed Detriot, where prices increased 10 percent. Prices declined in Chicago and New York.

Across the U.S., home prices have posted year-over-year gains for five consecutive months after declining for almost two years. Case-Shiller reported that home prices have now returned to fall 2003 levels, but remain about 30 percent lower nationally than the high point in the summer of 2006.

[View full post](https://info.buyersbrokersonly.com/blog/bid/202726/Home-Prices-Show-Continued-Housing-Recovery-in-Boston-Nationally)

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