Current Market Data

New Construction Wavers in January, But Long-Term Trends Highly Positive

January may have seemed like a disappointing month of construction, but a deeper look at the trends reveals much to smile about. Overall construction spending in January was at a seasonally adjusted annual rate of $971.4 billion, according to the

These are Boston’s 10 Hottest Residential Real Estate Markets

Amidst Boston’s multifaceted housing market, what markets are showing the most strength? We recently reported that Boston’s real estate market remains a heavily nuanced terrain, with inventory, sales and prices all heading in conflicting directions. Regional trends, though, tend

Pending Home Sales Hit Highest Mark in 18 Months

Pending home sales shot up in January, suggesting positive numbers down the road. Pending home sales hit their highest level in 18 months in January, according to the latest analysis from the National Association of Realtors. The Pending Home

What Qualifying Income Does Your Clients Need to Buy in Boston?

In the end, buying a home all comes down to dollars and cents, and Boston’s qualifying incomes differ in interesting ways with the rest of the U.S. To qualify for a mortgage on a 5 percent down payment, Boston homebuyers can

Another Sign That First-Time Buyers are Missing in Action

First-time homebuyers are a scarce bunch, these days. Just when it seemed that the news on first-time homebuyers could not get any more distressing, here comes a new report from RealtyTrac to pour salt on the wounds. In short,

3 Important Trends in New Construction Housing

It’s a whole new world out there for new construction, as stunning stat after stunning stat drives home. The Census Bureau’s latest report on new single-family home sales is out, and its findings, at least on the surface, were

Huge Share of Millennials Return Home After Moving Out

The past few months, we’ve reported on the many thorny issues facing Millennials – that their wages in many industries have plummeted in recent years; that their savings rate is negative; that they have pushed roommate rates up to

Boston Posts Solid Price Growth in New Case-Shiller

Boston continued to follow the pack in the latest Case-Shiller Home Price Index. Home prices in the Boston metro area put up mixed numbers in the latest Case-Shiller Home Price Indices, falling 0.2 percent from November to December but rising 3.8 percent from Dec. 2013. It

3 Remarkable Charts on How Construction Has Shifted Towards Multifamily Developments

In a recent article on new construction, we reported that the multifamily share of total construction had risen from 17.2 percent of the market in Jan. 2002 to 35.1 percent of the market in Jan. 2014. Such a striking

Boston Market Kicks Off 2015 on Awkward, Low-Supply Footing

Boston’s housing market did not quite begin 2015 with a bang. Home sales in the Boston area were down 8.5 year-over-year in January, according to the latest analysis from the Greater Boston Association of Realtors. Of course, that was

NAR: Existing-Home Sales Hit Nine-Month Low

Agents are working hard to make 2015 a profitable year, but low inventories are keeping sales slow. January marked the start of a new year, but it was hardly the hit the ground running beginning the market was hoping

Bad News For the Middle Class = Bad News For Housing

Whenever you see a report on America’s evaporating middle class, you should think about the implications for housing. Homeownership is a defining symbol of American middle class life; indeed, the quintessential image of a single-family detached house, complete with

Why is Builder Confidence So Out of Touch with Reality?

Builder confidence is far above the rate of new construction; what gives? Here’s an interesting nuance to the housing recovery: the Housing Market Index, which tracks builder confidence, dropped a couple points from January to February, finishing at 55;

Majority of Bostonians Now Live in Rental Housing

Just how dramatic has housing shifted towards rentals, in the last seven years? Sixty percent of Boston residents now live in rental housing, up from 55 percent in 2006; as if that weren’t enough, the renter population in Boston is up 23 percent in

3 Reasons that Mortgage Rates Remain So Darn Low

Why are mortgage rates still so low? Allow us to count the ways. Average rates for the 30-year FRM may have ticked up last week, but they remain at their lowest point since May 2013. What’s behind the low stature

What 10 Boston Neighborhoods Have Seen the Greatest Price Gains?

What Boston-area housing markets have seen median prices rise the most? The Boston area contains some of the most competitively priced housing markets in Massachusetts, but what areas have seen median sales prices rise the most since 2005? To

Oops! We could not locate your form.