Connecticut home prices slipped more in December than any other state, finishing the year with more ground to cover to get back to the market’s 2006 peak, according to CoreLogic.
CoreLogic’s price index for Connecticut dipped 2.2 percent in December, when accounting for distressed sales. Connecticut was one of only three states that experienced year-over-year dips in December.
Across the country, home prices grew 7.4 percent last year, CoreLogic said.
Connecticut home prices remain 25.2 percent below their July 2006 peak, the fifth-biggest gap in the country. Last December, the state’s single-family home sales prices were 23.5 percent below its peak.
The Connecticut Association of Realtors last month said median prices were flat in 2014. And through November, the Warren Group has said the state’s median price down 3.1 percent for 2014.
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