Home prices accelerate across Greater Boston
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Home prices jumped a dizzying 12.2 percent in the nation's top metro markets in May, according to the latest Case-Shiller report.
For the majority who are not real estate junkies, the Case-Shiller home price index is the industry's bible, co-founded by none other than local guy Karl Case, now professor emeritus of economics at Wellesley College.
Greater Boston prices rose by a much more modest 1.8 percent in May over April, though we are up a fairly substantial 7.5 percent compared to a year ago, according to Case-Shiller, which focuses solely on resales of existing homes.
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