Current Market Data

mortgage applications
Mortgage applications surge 12.5% on ‘looser housing inventory’

The Mortgage Bankers Association said the post-Memorial Day increase came despite economic uncertainty and largely static interest rates. 

Massachusetts has more pre-1940 houses than most states

Plus, with a median build year of 1964, Massachusetts has the third-oldest median home age in the nation.

MLS subscriber-Realtor gap hits record level

T3 Sixty said the difference between real estate agents who subscribe to MLSs but are not Realtors and Realtor-subscribers hit 25%, the highest on record. 

Boston suburbs shifting to majority-renter

An analysis of U.S. Census data by Point2Homes found that many suburbs, including several around Boston, have recently shifted from majority-homeowner to majority-renter populations.

Cotality: Home-price gains slow to 13-year low

The Northeast and Midwest remained strong, while Florida, which saw a major runup in prices in recent years, continued to cool. 

Pending home sales plunge in April on high mortgage rates

The 6.3% month-over-month decline was the steepest the U.S. market has seen since September 2022. 

Case-Shiller: Boston home prices rise in March as national price growth slows

In Boston, home prices rose 4.72% year over year and 0.74% month over month in March. 

CCIAOR: ‘Accurate pricing becoming paramount’ for Cape Cod sellers this summer

“We are seeing some changing market dynamics over the last few months, ” said CCIAOR President Todd Machnik said in a release.

What trends show about millennial homebuying in Boston

Boston ranks lower for rates of millennial homeownership, but not below other large coastal metro areas like Los Angeles, New York and San Jose.

Sales slip, prices break records in Boston real estate market

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.

Debunking 80/20: New data shows it’s 65/20

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.  

RE/MAX: Boston home sales slip year over year in April

Nationally, home sales slid 1.4% year over year but increased 11.3% month over month, RE/MAX said. 

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. 

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