Homebuilder optimism was buoyed by continued shortages of new housing inventory, the National Association of Home Builders reported. 

Lawrence has a median price per square foot of $254, a 60% difference compared to Boston.

Boston’s April average home value and pending sales rose from March as new inventory fell

Homebuyers in their 40s and younger are still planning to buy homes, even though most believe the market favors homesellers.

Interest rates on mortgages of all types declined last week, spurring an uptick in borrowing, the Mortgage Bankers Association reported. 

The need for more space is common among all self-storage users: 40% of survey respondents listed this as their primary reason for renting storage space.

High demand drove multiple offers on about a third of pending sales, while 28% of homes sold above list price, the National Association of REALTORS® reported. 

Median home sale prices continue to rise in the Bay State, and the lack of housing inventory remains a primary concern, according to the Massachusetts Association of REALTORS.

For the second month in a row, prices for single-family homes and condos in Massachusetts set new records in March.

The Greater Boston housing market showed signs of improvement last month as listings saw more modest gains and mortgage rates continued to drop from their fall peak.

U.S. government data shows builders increased the pace of single-family home construction while slowing the pace of multifamily starts. 

The National Association of Home Builders/Wells Fargo Housing Market Index rose for the fourth month in a row in April as the construction industry remained “cautiously optimistic.”     

New listings are still in short supply, falling 21.8% from last year.

This was the fourth week in a row of declines, leaving prospective buyers hopeful for sustained low rates throughout spring homebuying season.

One of the best ways sellers can make their home stand out in today’s market is by upgrading their space with luxury renovations and amenities.

The National Association of REALTORS® Pending Home Sales Index rose for the third month in a row, suggesting the housing market’s contraction could be “coming to an end.”