Current Market Data

Mortgage rates fall to four-month low as buyers return to market

Homebuyers may catch a break this month as rates have come down nearly a point from the recent high on fears of a recession.

Boston has the nation’s second-highest average monthly rent at more than $4,800

Boston’s average monthly rent is $4,878, a 17.4% increase from the previous year.

Rental and homeowner vacancy rates still near historic lows, Census data shows

The national rental vacancy rate dropped to 5.6% in the second quarter of the year while the homeowner vacancy rate remained at 0.8%.

CoreLogic: Boston home-price increases lag national average in June 

Home prices were up 10.9% in Boston on a year-over-year basis, compared to 18.3% nationwide, CoreLogic reported, citing its Home Price Index. 

After May bump, pending-home sales hit June dip 

“Contract signings to buy a home will keep tumbling down as long as mortgage rates keep climbing, as has happened this year to date.” — National Association of Realtors chief economist Lawrence Yun  

Three Massachusetts towns make best places to live list

Livability’s annual ranking is based on reviews of more than 2,300 cities using more than 50 data points measuring economic stability, housing, amenities, infrastructure, demographics, social and civic capital and health care. 

S&P Corelogic Case-Shiller Index: Boston home prices rise 15.7% in May

“Housing data for May 2022 continued strong, as price gains decelerated slightly from very high levels,” Craig J. Lazzara, managing director at S&P DJI, said.

June new-home sales drop 8.1% month over month

At the same time, the inventory of new homes for sale rose 10.7%, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.

Single-family housing starts fall for fourth month in a row in June 

The pace of new multifamily construction, however, jumped, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.  

Massachusetts median single-family home price tops $610,000

Home prices in the Bay State break another record.

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