Boston high rise condo owners/sellers: Read this!
The Case-Shiller home price index for the Boston metro jumped nearly 2% from the prior month and is up 6.9% from a year ago. During Housing Bubble 1, from January 2000 to October 2005, the index soared 82% before dropping. It now tops that crazy peak by 16.7%. Note the phenomenal 4-point spike in April, the largest such spike in the Boston data series: