Current Market Data
Did job growth slow in March, or continue on its strong, steady path? The Labor Department announced earlier today that the U.S. economy added 126,000 jobs in March, which not only ends a 12-month streak of 200,000-plus jobs added,
It’s been common knowledge that Boston’s rental market is on fire, but is that narrative slowly changing? For some time now, the rental narrative has been one as commonly told as that of low mortgage rates. Rents, spurred on by surging
What communities in the Boston area are seeing the most condo sales? Last week, we took a detailed look at the top-selling single-family communities in the Boston area, and now we’re back with a similarly nuanced look at the
A new study from Logwood University attempts explains the relationship between an agent’s effort and the property’s location. A new study from Logwood University in Farmville, Va. is emphasizing the importance location plays in the home selling process, but not
Could sky-high rents be the final push Millennials need to buy a house? Record-low home prices and historically low mortgage rates have not been enough to entice Millennials to buy homes, but now analysts have struck on another economic
Home prices in Boston are growing, albeit at a moderate rate. Boston home prices posted moderate numbers in the latest Case-Shiller Home Price Indices, which looked at data from Dec. 2014 to Jan. 2015. From December to January, Boston prices were up 0.4 percent,
A new survey from Redfin shows a shift in how consumers are approaching the agent selection process. It’s a new world in the wake of the financial crisis, a new survey from Redfin shows, one where tethers to quality have
Pending home sales are at their highest mark in nearly two years, and all because of one thing. Pending home sales in February rose to their highest mark since June 2013, according to the latest Pending Home Sales Index
Housing affordability is a major problem, and new research has added an additional wrinkle to the crisis. Housing affordability (especially in the new home market) may be worsening nationwide, but it has nothing on the affordability squeeze facing renters
Blame it on the snow! February was a brutal month for Boston’s housing inventory The great inventory death spiral continued in Boston’s housing market in February, with inventory in both the single-family and condo markets boasting double-digit declines, according
What was the deal with our local new construction marketplace last month? February proved a remarkable month for residential new construction in the Boston area, according to new numbers from Dodge Data & Analytics. For the month, residential construction in Boston totaled
We all know that the economy has improved in recent years, but we also know (and with similar levels of confidence) that there remain considerable hurdles for many Americans in today’s economy. Take a look through our informative graphic
Where, in the Greater Boston area, do single-family homes sell the most? Single-family homes were the dominate form of construction in the Greater Boston area in the post-War housing market, and many remain economic juggernauts to this day. What
Everyone should be concerned about rising levels of inequality – especially residential real estate professionals. The Brookings Institution just updated its data metrics on inequality in the U.S.’ largest metro areas, and the results are – to put it
Sure, new home sales were up in February, but there’s much more than meets the eye. On the surface, it looks like February was a very positive month for sales of newly built single-family homes. According to the latest
NAR’s report found existing-home sales improved in February, but those gains were offset by skyrocketing home prices. Existing-home sales increased modestly in February, a report from the National Association of Realtors discovered, but shallow inventories across the country are