Current Market Data
2014 was a lackluster year for new construction in Boston, according to the latest stats. Total residential construction spending in the Boston area was $3.539 billion in 2014, a 13 percent decrease from 2013, according to new numbers from Dodge Data
Construction on the whole was positive in 2014, but that was mostly due to the surging multifamily sector. Private construction may have been up 4.5 percent in 2014, but it was the multifamily housing market that drove that activity,
Hundreds of thousands of potential homebuyers will be boomeranging back to the housing market over the next seven years. The Boston area is poised to see more than 50,000 potential homebuyers enter the housing market fray over the next seven
Existing-home sales may have bounced back to life in Dec 2014 (and carried median sales price to its highest mark since 2007), but that was hardly the most encouraging piece of news in NAR’s latest housing report. No, that
Boston’s housing market in 2014 failed to live up to 2013’s expectations; what were the defining trends, though, in that 2014 market? To find out, we took a more detailed look at GBAR’s numbers, and we collected our analysis
Pending home sales took a step back in December, but remain well above 2013 levels. The National Association of Realtors released its newest Pending Home Sales Index today, finding that despite persistently low interest rates, December pending home sales
We’re all waiting for Boston’s housing inventory situation to improve…but that has yet to happen. The inventory situation in Boston continued to worsen in 2014, according to new numbers from realtor.com. Per realtor.com’s analysis, inventory in Boston dropped by a whopping 19.3
Boston’s market performed well in 2014, but not at the levels of 2013. Boston’s 2014 housing market finally drew to a close last month, and we’ve been studying the latest GBAR analysis for inklings on how the market performed.
Home prices in the Boston area did not set the indices on fire in the latest Case-Shiller. Home prices in the Boston area continued to moderate in November, falling 0.2 percent from October but rising a modest 4.0 percent from Nov. 2013, according
Strong late year sales emphasize the presence of persisting demand, but low inventory could lead to eventual affordability problems. Existing-home sales faltered moving into the deep winter months, but according to a new report from the National Association of
Micro-apartments were pegged as the solution to Boston’s issues with housing affordability…but are they? It seems like a perfectly logical strategy at the time: incentivize developers to construct hundreds of new micro-apartments – small, compact living spaces of 400
Using data provided by CoreLogic, we look closer at the foreclosure and serious delinquency rates of the last two years. Last week, we reviewed CoreLogic’s latest foreclosure report, which provided a brief snapshot of national and local foreclosure levels
Here is an undeniably positive development in the housing recovery. Distressed home sales – such as the one in our photo above – were the most visible result of the housing downturn, a true sign of the unfortunate times.
Foreign home sales have been a big deal in the U.S., but could the strengthening economic climate change that? Foreign real estate has been a big deal in the U.S. during the housing recovery, and the numbers speak for themselves
How was 2014’s homebuilding market better than 2013’s? Allow us to count the ways… The numbers are in, and they’re quite clear in their conclusions – by every possible metric, 2014’s homebuilding market represented a strong improvement over 2013.
Danielle Hale of NAR tackles existing-homes sales to determine what the most popular closing dates of 2014 were. It’s a whimsical if not slightly tired cliché to say “it’s all in the timing,” but in rare form, it’s one
