CT home prices fell in March

Connecticut home prices fell in March compared to a year ago, according to CoreLogic’s home-price index.

Home prices in the state were down 0.6 percent over the year when including distressed properties in the calculation. Only Connecticut and Maryland saw declines.

Excluding bank-owned sales and short sales, the Connecticut index was up 2.4 percent.

Connecticut’s housing prices are now more than 25 percent below their pre-recession peak, which is the fourth-highest gap in the country.

Excluding distressed sales, prices are 18.1 percent below their peak, CoreLogic said.