Property prices in Greater Boston is up 8.4%

A new survey shows that home values ​​in the greater Boston area rose 8.4 percent in July compared to a base year to year.

According to the survey of Zillow Inc., a Seattle company that operates a large real estate web site , this climb is placed above the national increase of 6 percent over the same period.

The value of housing in several local communities, including Arlington, Boston, Brookline and Cambridge, have exceeded their previous highs , Zillow said. In other words , households in these areas have the highest value in its history.

In a statement in the press release from the company, Zillow chief economist Stan Humphries said of on the broad national trends.

“After three consecutive months of annual appreciation of housing values ​​above 5 percent , the recovery of the U.S. housing market been shown to be in very solid condition, ” Humphries said.

“We have entered a new phase of recovery , which we can begin to move away from the ugly recent history and go back to what the housing market will be in the future and how it will act.”

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