Connecticut’s home prices have now fallen for four straight months this year, Corelogic said this week.
Including sales of homes with distressed mortgages, Connecticut prices declined 1.1 percent in April compared to a year ago, according to Corelogic. That follows year-over-year declines of 0.6 percent, 0.9 percent and 1.9 percent in March, February and January, respectively.
The picture is a bit more positive when distressed sales are excluded. By that metric, home prices in the state were up 3.2 percent in April. That’s the biggest increase of 2015, following comparable increases of 2.4 percent, 1.7 percent and 0.2 percent in the prior three months.
Connecticut’s housing market is 24.8 percent from its July 2006 peak in April (and 23.5 percent from the peak excluding distressed sales).
