In Boston, 158 homes sold for at least $100,000 over asking price.

“Looking ahead, the potential for higher inflation amidst disruptions in oil and other commodity flows will likely lead to a period of volatility in rates.” — MBA associate vice president of economic and industry forecasting Joel Kan 

Rents nationwide continue to grow, driven by single-family rentals, and Boston is no exception.

Housing starts, existing home sales inventory took a tumble as well in February.

Homeowner tenure has flattened since its 2020 peak.

Demand has been trending up since the beginning of the pandemic.

The pace of new home listings is gaining steam, a welcome development in the face of high demand from buyers, Redfin reported.

Buyers faced bidding wars as more rushed to purchase a home before mortgage rates jumped again.

Beantown is the third most expensive in the city for renters, according to a new report from Zumper.

“Given the situation in the market — mortgages, home costs and inventory — it would not be surprising to see a retreat in housing demand.” — NAR chief economist Lawrence Yun 

Both single-family home and condominium sales fell last month from 2021, as median sale prices again hit new highs, according to a new report.

“Builders are entering 2022 with backlogs that they are having a hard time completing due to material and labor shortages, and new-home prices are sitting near a historic high.” — First American Deputy Chief Economist Odeta Kushi

While rising interest rates may lead to more reductions in the housing supply, it may also bring some much-needed balance to the market.

Mortgage applications fell more than 13% in the most-recent week tracked by the Mortgage Bankers Association’s Market Composite Index, while interest rates continued to rise. 

While listings dropped, sales still rose due to continued homebuyer demand.

“Production disruptions are so severe that many builders are waiting months to receive cabinets, garage doors, countertops and appliances.” — NAHB Chairman Jerry Konter