Despite the drop in demand, homes are selling faster than ever.

A new report ranks Massachusetts as one of the worst states in the country when it comes to property taxes.

The data illustrates the struggle for first-time homebuyers trying to get a foot in the housing door in the country’s largest markets.

Despite a slow start to the spring homebuying season, prospective buyers are showing some resiliency in the face of higher mortgage rates, as seen by two weeks in a row of increasing loan applications. 

Homes are selling at record-breaking speed.

Seventy percent of the 185 metros surveyed by the National Association of REALTORS® saw double-digit price gains in the first quarter, compared to 66% in the preceding period. 

Rents in Beantown rose again last month at a rate higher than national rent increases.

Despite declining sales and inventory issues, Cape Cod homes continued to sell above asking price during the first quarter.

Meanwhile, housing starts are up and homes are staying on the market for fewer days than this time last year.

Boston’s real estate market was the second most competitive market in the U.S.

Overall mortgage-application volume was at its lowest level since 2018, the Mortgage Bankers Association said.

Home prices nationwide continued to climb higher in February compared to 12 months ago, according to the S&P CoreLogic Case-Shiller Indicies.

Low inventory and rising interest rates have reduced prospective homebuyer purchasing power. 

Low inventory continues to impact home sales across the Cape and the islands.

Property taxes across the U.S rose last year, but the hike was much lower than in 2020, according to a new report.  ATTOM found in its 2021 property tax analysis of almost 87 million single-family homes, $328 billion in

Boston’s real estate market continues to face impacts of inflation, an uptick in median sale prices and a decrease in listings.