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Hawaii Ranks #5 in the Nation for Home Price Appreciation

According to a report from Core Logic, Hawaii ranked #5 in the country for home price appreciation in March when distressed sales were factored out.

The rate was 14.3% and even counting distressed sales, the rate was still 13.4%.

What is most significant is that this is the first time since 2006 that the year over year appreciation was over 10% for both categories, i.e. with or without distressed sales included.

We hope you have a wonderful week, and please don’t hesitate to contact us if you have any questions about the real estate market here on Maui. Have a wonderful week.

Mahalo Nui Loa,

The Smith Team