Nationally, home sales slid 3.5% year over year but rose 8.6% month over month, RE/MAX said. 

Buyers were willing to pay $1,597 more for a home with an olive-green kitchen, and navy-blue bedrooms boosted a home’s value by $1,815.

Homebuilder sentiment recently reached its third-lowest level since 2012. 

Housing inventory boomed during the month of May even as high prices continued to break records, according to a report released by the Greater Boston Association of REALTORS.

“With the continued increase in new listings, it’s a positive sign for buyers struggling to
find their stride in the market,” said Sarah Gustafson.

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

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

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. 

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.

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

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

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

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

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

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.

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.