Current Market Data
In Boston, home prices rose 4.72% year over year and 0.74% month over month in March.
“We are seeing some changing market dynamics over the last few months, ” said CCIAOR President Todd Machnik said in a release.
Boston ranks lower for rates of millennial homeownership, but not below other large coastal metro areas like Los Angeles, New York and San Jose.
New data from GBAR shows that median sales prices for single-family homes and condos in Boston broke records, surpassing all-time highs for the month.
New data released by CoreLogic/Cotality, and examined by noted industry researcher Mike DelPrete, contradicts this commonly held notion, however, and shows that the ratio is actually closer to 65/20.
Nationally, home sales slid 1.4% year over year but increased 11.3% month over month, RE/MAX said.
Realtor.com categorized Springfield as a “Very Hot” market, finding that Springfield’s inventory moved 27 days faster than the U.S. overall.
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.
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.
The most recent Weekly Mortgage Applications Survey shows homebuyer activity continued despite the economic uncertainty.
HomeSmart’s yard signs will now have QR codes and NFC (Near Field Communication) tags allowing home shoppers to access property details.
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.
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.
Despite the deceleration, the company, formerly known as CoreLogic, expects prices to rise another 4.9% over the next year.
“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.
The National Association of REALTORS’® Pending Home Sales Index rose 6.9% in March, compared to economists’ expectations of a smaller 1% gain.
