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The Boston Globe

Business

Boston-area home values march 7.5% higher in June

Home values in the Boston area increased 7.5 percent compared with the same time last year, marking the 11th consecutive month of year-over-year improvements, data released Tuesday show.

With nearly a year’s worth of rising prices now in the books, local housing values have rebounded to within about 11.3 percent of their last peak, in September 2005, according to the S&P/Case-Shiller Home Price Indices, which tracks repeat home sales around the United States and is largely considered one of the best marker’s of the nation’s health.

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