Current Market Data

August pending-home-sales growth slowest since June 2020
August pending-home-sales growth slowest since June 2020

Pending home sales in August rose just 9%, the slowest growth since June 2020, according to a new Redfin report.

Pending home sales up 6% from 2020 despite dwindling listings
Pending home sales up 6% from 2020 despite dwindling listings

A decline in new home listings has had little impact on the market as far as demand is concerned, according to a recent Redfin report.

Home prices are 40% more affordable than at housing boom height
Home prices are 40% more affordable than at housing boom height

Income levels and mortgage rates gave homebuyers in June 129% more house-buying power than they had in 2006, according to First American Financial Corp.’s June Real House Price Index.

Home prices are 40% more affordable than at housing boom height
Home prices are 40% more affordable than at housing boom height

Income levels and mortgage rates gave homebuyers in June 129% more house-buying power than they had in 2006, according to First American Financial Corp.’s June Real House Price Index.

Boston Housing Scorecard: Housing starts and existing-home sales rose in August
Boston Housing Scorecard: Housing starts and existing-home sales rose in August

Housing inventory fell in Boston during August, while housing starts and existing-home sales rose.

Is the Cape Cod market showing signs of normalizing?
Is the Cape Cod market showing signs of normalizing?

The Cape Cod real estate market is showing signs of returning to normal, according to a new report from the Cape Cod & Islands Association of Realtors.

Boston home prices expected to jump 15% in the next year
Boston home prices expected to jump 15% in the next year

Massachusetts homebuyers should brace themselves amid expectations the residential real estate market could see double digit growth next year.

Median home sale prices increase 16% from 2020
Median home sale prices increase 16% from 2020

Even as the real estate market is showing signs of cooling and more sellers are dropping asking prices, median home prices increased by double digits from last year.

Low inventory continues to be a challenge for Massachusetts buyers
Low inventory continues to be a challenge for Massachusetts buyers

Real estate inventory in the Bay State continues to be a challenge for buyers looking for single-family homes as well as condominiums. 

New-home sales plummet in July
New-home sales plummet in July

Also during the month, the median sales price rose to $390,500 from $370,200 in June, according to the U.S. Census Bureau and the Department of Housing and Urban Development.

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