The Hartford-West Hartford-East Hartford metro area had the eighth-lowest percentage of appreciating homes in the country in July, realty data tracker Weiss Residential Research said.
In July, 41.5 percent of homes in the 57-town area grew in value by more than 1.5 percent, according to Weiss, which is headquartered in Massachusetts.
While that’s in the bottom-10 metro areas for home appreciation, Greater Hartford improved over July 2014, when just 29.4 percent of area homes added value, Weiss said.
Across the country in July, 56.8 percent of homes appreciated, down from 65.2 percent a year prior.
“While a majority of homes nationwide is still gaining value, the national trend is clearly downward,” Weiss CEO Alan Weiss said in a statement.
Weiss developed the widely cited Case-Shiller Home Price Index in the 1990s along with Karl Case and Robert Shiller, who is now an economist at Yale. In 2012, he launched Weiss Residential Research, which tracks a database of nearly 100 million homes.
