Housing Appreciation Seasonally Decelerates, while Rent Growth Continues to Climb
The school year kicks off with robust housing price appreciation and more record setting rent growth. Amherst’s Home Price Appreciation (HPA) Index shows prices continue to grow year over year (YoY) at a near record, albeit slowing pace. This trend is consistent with the autumn growth patterns of prior years. In the for lease market, the Amherst Rent Growth Index shows rent growth is steadfast in its upward summer trajectory as it reached yet another YoY record in September.