Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Cambridge Newton Framingham, Massachusettes MSA appreciation it was + 43.58% (+ 10.90% yearly) from 2000 to 2003.

During the same time period, MA had + 51.28% (+ 12.82% yearly). From 2000 to 2003, Massachusettes outperformed the individual Cambridge Newton Framingham, Massachusettes MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Cambridge-Newton-Framingham-MA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2000 2 152.9 + 3.30% + 13.19%
2000 3 158.2 + 3.47% + 13.87%
2000 4 162.16 + 2.50% + 10.01%
2001 1 166.43 + 2.63% + 10.53%
2001 2 171.68 + 3.15% + 12.62%
2001 3 177.32 + 3.29% + 13.14%
2001 4 179.78 + 1.39% + 5.55%
2002 1 184.19 + 2.45% + 9.81%
2002 2 189.84 + 3.07% + 12.27%
2002 3 194.17 + 2.28% + 9.12%
2002 4 197.59 + 1.76% + 7.05%
2003 1 200.31 + 1.38% + 5.51%
2003 2 202.5 + 1.09% + 4.37%
2003 3 205.41 + 1.44% + 5.75%
2003 4 212.53 + 3.47% + 13.86%