Current Market Data

Massachusetts home, condo sales decline significantly in November

Despite the declines, median prices continued to grow and set records.

Boston housing market maintains momentum in November

“The market is roaring along, with only half the seasonal slowdown we typically see from October to November.” — RE/MAX LLC President Nick Bailey

Redfin reports 10 housing records set in 2021

The pandemic and work-from-home orders have changed where, when and why people buy homes. As a result, housing prices hit the highest median of all time in 2021, as the number of homes for sale fell to an all-time low and the demand for second homes surged, according to a new Redfin report. 

Massachusetts median prices grew slightly in November, inventory remained constrained

The median sales price of a home in Massachusetts grew slightly in November, as housing inventory remained tight, according to the Massachusetts Association of Realtors November housing statistics report. 

New-home construction ramps up in November as demand stays high

“November’s housing starts report signals strength for the housing market.”  — First American deputy chief economist Odeta Kushi

NAR: 2022 to bring rising interest rates and slower inflation, home-price growth

In unveiling its predictions, the National Association of Realtors also released its top 10 housing-market “hidden gems” for 2022.

Builder confidence rises again in December despite inflation fears, production bottlenecks

“While 2021 single-family starts are expected to end the year 24% higher than the pre-Covid 2019 level, we expect higher interest rates in 2022 will put a damper on housing affordability.” — NAHB chief economist Robert Dietz

Survey: Millennial homeowners most burdened by debt, homeownership costs

Millennials are at the greatest risk of becoming house-rich and cash-poor as the generation is spending the highest percentage of their monthly income on homeownership costs compared to other generations, according to a new Hometap report.

Home prices hit a record high as supply drops to a record low

Despite those challenges, there are signs the market continues to shift toward more seasonable norms.

Top 10 housing markets to watch in 2022

While the real estate market is finally showing signs of cooling after a year of skyrocketing home prices and bidding wars, desirable metros across the U.S., including in Florida, Washington and Massachusetts, can expect a big year in 2022.

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