Housing Trends – Q2 2023

Amherst is proud to partner with Institutional Real Estate, Inc. to bring you “Housing Trends,” a quarterly review of the latest insights from the Amherst Home Price Index.

The Amherst Home Price Index shows that second quarter 2023 prices surpassed their 2022 peak by 1.4 percent after seasonal adjustment. Although second half 2022 saw modest price depreciation, price growth in 2023 has more than made up for those losses. The combination of strong labor market and tight for-sale inventories have bolstered home prices and will likely continue doing so in the ensuing quarter.