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Population Dynamics and Investor Homebuying Trends

CoreLogic -20% January 1977 January 1979 January 1981 -10% January 1983 January 1985 %0 January 1987 Innovate. Transform. Thrive. T January 1989 January 1991 10% January 1993 January 1995 20% January 1997 January 1999 30% January 2001 January 2003 Boston Housing Market is Smoothing Out CoreLogic House Price Index, Year-Over-Year Change January 2005 January 2007 Source: CoreLogic House Price Index, not seasonally adjusted (October 1, 2019 release) 20 © 2019 CoreLogic, Inc. NYSE:CLGX] All Rights Reserved. Proprietary. 20 January 2009 January 2011 January 2013 January 2015 January 2017 January 2019 Boston ⚫ Zero-Line

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