Housing prices may soon start to increase

Posted by Bonnie Martin Designated Broker on Thursday, June 14th, 2012 at 9:54am.

boston.com - The US housing market, and the Boston area in particular, have likely reached bottom and will slowly start to recover this year, according to Harvard University researchers who are scheduled to release an annual housing report Thursday.

More than six years after the country’s housing market pitched into a deep slide, Harvard’s Joint Center for Housing Studies said a recent increase in home sales, coupled with low ­inventories of available properties and rising rents point to a turnaround in housing prices.
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