March 5, 2017 - The Carr New Haven Milford Metro Value Shelf© was extended to five and a half years (66 months) as the FHFA HPI reported 178.97 ending Dec 30, 2016. 4Q2016 (Autumn) is slightly above the 2Q2011 (Spring) Value Shelf© Peak of 178.23, and one point under Summer (3Q2016) While popular advertising says “It’s always the right time to buy real estate”, the right time to buy is when there is a significant inventory supporting stabilized or appreciating values. The Carr New Haven Milford Metro Value Shelf© is defined as the range of 173-178, the 5 point range FHFA-HPI values have maintained for the past 66 months. ....Transaction volume increased over the same period, possibly signaling long view buyer confidence
FHFA-HPI"New Haven-Milford, CT" 35300 2016Q2 178.40 -1.41
FHFA-HPI"New Haven-Milford, CT" 35300 2016Q3 179.56 -1.37
FHFA-HPI"New Haven-Milford, CT" 35300 2016Q4 178.67 -1.43
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