According to researchers at Harvard University’s Joint Center for Housing Studies, a recent uptick in home sales as well as low inventory of available homes for sale points to a possible housing bottom nationwide, but particularly in the Boston area. Last year, the same researchers correctly predicted that the housing market would remain "sluggish" through 2011.
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http://www.boston.com/realestate/news/articles/2012/06/14/housing_prices_may_soon_start_to_increase/