Current Market Data

Foreign Homebuyers Discouraged by Strong Dollar

Throughout the first four months of 2015, home sales in the U.S. were the best they’ve been in eight years. Helped by a one-half percentage drop in fixed mortgage rates, home sales from January to April this year surpassed

Global Economic Turmoil Halts U.S. Mortgage Rate Increases

U.S. mortgage rates were increasing at steady clip in 2015 until global economic events intervened The economic turmoil in Greece and China could possibly benefit U.S. homebuyers. That cause and effect was the chief finding in Freddie Mac’s latest Primary Mortgage

CoreLogic: Affordability Returns to Boston

CoreLogic has released its May Home Price Index, revealing another month of positive gains. Marking 39 months of consecutive year-over-year gains, national home prices, both including and excluding distressed sales, increased 6.3 percent in May compared to the same

Boston Rated One of Hottest Housing Markets in U.S.

Boston joins 19 other cities on hottest housing market list Boston ranked eighth in realtor.com‘s list of the Top 20 Hottest U.S. Real Estate Markets for June. The list compared listing views on realtor.com to the number of listings

Boston Surges in Labor Rankings

CareerBuilder releases new labor market rankings In late May, CareerBuilder released its second quarter Labor Market 150 Index, which attempts to evaluate and rank the country’s largest metros. Using data from the employment website’s data arm, EMSI, or Economic

Boston Residential Construction Strong in 2015

2015 shaping up to be good year for new construction in Boston Residential construction spending in the Boston area was down 1 percent year-over-year in May, but so far in 2015 is 23 percent ahead of where it was last year. Those were the two

Boston Rents Stay Strong in Second Quarter

How has Boston’s rental market developed in 2015’s second quarter? New data from Reis provides some perspective. Boston’s rental market has been one of the hottest in the nation, and new numbers from Reis on the second show show that trend

5 Important Housing-Related Details from the New Jobs Report

What details in latest jobs report bear the most significance for housing? The nation’s unemployment rate fell from 5.5 to 5.3 percent in June, while the overall economy added 223,000 nonfarm payroll jobs, according to the Bureau of Labor

Distressed Sales Defy National Trend, Rise in Massachusetts

Over the last year, distressed home sales have become far less prominent in Massachusetts’ housing market Distressed sales throughout Massachusetts comprised 13.1 percent of all home sales in May, an increase from the 12.2 percent market share of a year ago, according to RealtyTrac’s

Multifamily Construction Spending Leads Charge in 2015

Residential construction spending may be up in 2015, but some areas performing better than others Residential construction spending was at a seasonally adjusted annual rate of $359.5 billion in May, according to the latest data from the U.S. Census

Boston Home Prices Rise Moderately in Case-Shiller

Home prices positive in latest Case-Shiller, but are there signs of a slow down? Home prices in the Boston area posted lukewarm gains in Standard & Poor’s latest Case-Shiller Home Price Indices, rising 0.3 percent from March to April and 1.8 percent from April

Builders Trade Entry-Level for High-End

Construction is down in the market’s lower end, and economists say they know why The construction industry continues to make strides bringing more new homes to the market, a Census Bureau report on housing permits recently showed. But while

Pending Home Sales Now at 9-Year High

May was a solid month for pending home sales activity, but uncertainty remains for housing’s future Pending home sales continued their hot streak in May, rising by monthly and yearly measurements to their highest level in nine years, according to

The Most Underrated Reason for Housing’s Slow Recovery

Two surveys, one from Bankrate and another from Capital One, spotlight Americans’ financial insecurities Twenty-nine percent of Americans have no emergency savings, and another 21 percent only have enough savings to cover three months of expenses. Those troubling statistics came

Negative Equity Still a Problem in Boston

Progress has been made on negative equity front, but troubling trends persist In the Boston housing market, 8.5 percent of mortgage holders remain underwater, and a majority will not reach positive equity for some time. That was the sobering finding of latest

Value of Building Green

Some builders have avoided green building for fear of costs. Turns out, it could help them make money Environmentalists have long urged developers to design more green buildings, but faced with the high immediate cost of sustainable materials and