Report
Fact-based, data-driven research and analysis to advance democratic debate on vital issues shaping people’s lives.
Center for Economic and Policy Research
1611 Connecticut Ave. NW
Suite 400
Washington, DC 20009
Tel: 202-293-5380
Fax: 202-588-1356
https://cepr.net
January 2004, Dean Baker
This paper examines the recent run-up in home prices, which grew especially quickly in New England. It points out that this rise is not connected to market fundamentals and is more likely the result of a bubble.