There have been several reports, including one from Zillow earlier this week, about home prices rising or stabilizing in some parts of the country.
Does that include the Bay State?
Statewide, median home prices so far this year are off almost 10 percent from last year, according to The Warren Group.
But the rate of decline has been narrowing over the last several months, and in September the price drop was only 1.4 percent.
Greater Boston home prices actually rose year-over-year for the first time in 2009 during the month of September.
The median price for single-family homes sold in towns and cities within Route 128 inched up 1.9 percent to $360,000 in September from $353,250 in September 2008, according to The Warren Group.
Will Greater Boston home prices climb in upcoming months? I’m guessing that the momentum and popularity behind the tax credit has helped boost sales and may lead to some improvement in Boston-area. But I don’t think we’re going to see a big bump-up in prices.
