Current Market Data

Boston Housing Scorecard: Existing home sales rise, inventory drops in July
Boston Housing Scorecard: Existing home sales rise, inventory drops in July

Meanwhile, pending home sales and housing starts dropped from a year ago, according to Boston Agent’s July Housing Scorecard.

Boston’s housing market saw strong gains in June
Boston’s housing market saw strong gains in June

The boost in market activity and prices continues to be driven by millennial buyer demand, the search for more living space, a healthier job market and lower mortgage rates.

Housing affordability falls for a third straight month
Housing affordability falls for a third straight month

Affordability declined in 49 of the 50 major markets according to the May 2021 First American Real House Price Index. 

RE/MAX: Boston housing inventory bucks national trend, dips in June
RE/MAX: Boston housing inventory bucks national trend, dips in June

The nationwide housing inventory shortage that has driven growth in prices and demand in Boston and other major markets may be beginning to ease in other parts of the country, but not in Boston, according to RE/MAX’s  National Housing Report for June.

What’s Boston’s priciest neighborhood?
What’s Boston’s priciest neighborhood?

Increased homebuyer demand and limited inventory continue to drive prices to record highs throughout the Bay State, and the Boston area is no exception.

How far are Boston homeowners willing to commute?
How far are Boston homeowners willing to commute?

With the increased number of professionals working remotely, today’s homebuyers are putting less of a premium on commute time and more on affordability.

New-home sales fall 6.6% in June
New-home sales fall 6.6% in June

The U.S. Census Bureau and the Department of Housing and Urban Development reported that the median sales price slid to $361,800 from $380,700 in May.

Cape Cod listings at lowest level in 18 years
Cape Cod listings at lowest level in 18 years

Cape Cod real estate listings were at their lowest level in 18 years in June, according to the Cape Cod & Islands Association of Realtors.

Existing-home sales reverse four-month decline in June
Existing-home sales reverse four-month decline in June

At the same time, the median existing-home price for all housing types in May was up 23.4% on an annual basis, as every region in the country registered price increases.

Massachusetts median home prices hit another all-time high
Massachusetts median home prices hit another all-time high

The Warren Group CEO Tim Warren says median sales prices will likely continue to break records this summer and fall.

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