Change in value for homes in CT?

Most of CT is still bucking the national real estate trends.  For the past 4 years we have been been on a slight up/down trend while the national trend is on a huge upswing.  In fact, the national home price values are expected to keep rising while we in CT remain stagnant.  As you can see in the chart below, in CT we are somewhat still close to 2003 values.

There are still opportunities in CT to make the market your own whether you are a buyer or seller.  The chart below could also mean there is less risk, concerning values and a bubble burst, for central CT property owners.  What's your take on this?

A Look Back: How Hartford & Surrounding Area Homes Have Changed in Value - What's the Risk in Your Market?

The historical price index for Hartford & Surrounding Area is -0.8% for the last 12 months and -1.7% for the 10-year Compound Annual Growth Rate (CAGR), according to the latest housing data provided by HouseCanary.

The home price index level compared to historical long-term trend is a risk indicator. The greater the price's distance from long term trend line, the greater the likelihood for a snapback or reversion to the long-term average. When the home price index is significantly above (or below) long-term trend this represents a signal of increased (or decreased) risk.

This predictive analytics report and e-newsletter is part of a new collaboration between HouseCanary and RISMedia in an effort to bring real estate professionals timely and local housing data in thousands of regional and local markets across the U.S. as well as provide RISMedia's real estate news, information and business development insights of interest to brokers, agents, service providers and professionals serving the U.S. residential real estate industry.

The data provided from zip code and property address searches within each local market is solely provided by HouseCanary. Although the House Canary data has been produced and processed from sources believed to be reliable; no warranty, expressed or implied, is made regarding accuracy, adequacy, completeness, legality, reliability or usefulness of any information.