Current Market Data

Springfield named hottest market in America

Realtor.com categorized Springfield as a “Very Hot” market, finding that Springfield’s inventory moved 27 days faster than the U.S. overall.

NAHB: Builder confidence drops in May on tariff uncertainty 

The association noted, however, that 90% of the responses to its survey tracking homebuilder sentiment were received before the announcement of a 90-day reprieve in U.S.-China tariffs. 

NAR: Affordability gap persists despite improvements in housing supply

Driven primarily by the construction boom during the pandemic, the housing market has seen some improvements in affordability, but homes remain out of reach for many would-be buyers.

mortgage applications
MBA: Mortgage applications rise as housing inventory increases 

The most recent Weekly Mortgage Applications Survey shows homebuyer activity continued despite the economic uncertainty. 

HomeSmart upgrades yard signs with SmartSigns and SmartRiders

HomeSmart’s yard signs will now have QR codes and NFC (Near Field Communication) tags allowing home shoppers to access property details.

NAR: Staging a home can increase sale price by up to 10%

Homes that are professionally staged not only attract more attention from potential buyers — they also sell faster and for more money, according to data from the National Association of Realtors’® 2025 Profile of Home Staging.  

How long do Boston buyers save for homes?

Many Bostonians have to save for longer — and pay more money — in order to achieve the dream of homeownership, according to a new report from Upgraded Points.

Cotality: Pace of home-price growth slows in March on economic concerns 

Despite the deceleration, the company, formerly known as CoreLogic, expects prices to rise another 4.9% over the next year.

Massachusetts ranks third for new mortgage debt

“Even small increases in home prices can lead to thousands of dollars in extra mortgage interest costs for homeowners,” said John Kiernan, editor at WalletHub.

March’s interest-rate slide prompts jump in pending home sales 

The National Association of REALTORS’® Pending Home Sales Index rose 6.9% in March, compared to economists’ expectations of a smaller 1% gain.

Home prices and inventory increase, sales decline in Greater Boston

Homes in Greater Boston fetched record-high prices last month according to a report from the Greater Boston Association of REALTORS®.

Massachusetts ranks sixth in the U.S. for housing costs

Massachusetts homeowners spend an average of 34.61% of their median monthly household income on their homes, according to a report released by Wallethub.

New-home sales climb in March in the face of high mortgage rates

The pace of sales rose 7.4% compared to February, topping analyst estimates by a large margin.

Matthew Gardner’s Q1 2025 market insights

Prominent real estate economist Matthew Gardner shares insights on the first quarter of 2025 — including his takes on tariffs, immigration, brokerage acquisitions, mortgage rates and more.

New-home construction drops more than expected in March 

The surprisingly large decline in the pace of housing starts comes as builder sentiment remains depressed by tariff worries and high prices. 

Listings surge in Massachusetts

Home listings jumped 21.4% year over year in March according to a new report from the Massachusetts Association of REALTORS®.

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