Today’s Top News: Why buyers are choosing Peabody, the hottest ZIP code of 2026

Current Market Data

Boston home prices show no signs of slowing in March S&P CoreLogic Case-Shiller Index

Nationally, the index posted its highest annual increase ever.
Home prices decelerate, as the housing market downshifts

With affordability reduced, some buyers are pulling back from the market forcing sellers to adjust their price expectations.
Pending-home sales fall to 10-year low

Nevertheless, home prices are expected to continue rising through the end of the year, according to the National Association of REALTORS®. 
Boston rents continue to rise

The median asking rent in Boston broke $3,000 in April.

Cape Cod market activity falls as inventory continues to decline

Real estate market activity is declining on Cape Cod as inventory continues to fall and the median sale price rises.

Where does Boston land on list of greenest cities?

Boston scored well in several categories. It was No. 3 for public transportation, No. 5 for electric vehicles and No. 9 for emissions.
New residential sales fall in April as home prices, mortgage rates continue to climb

The rate of new single-family home sales fell 16.6% from March’s revised number, while the median sales price jumped to $450,600 from March’s revised median house price of $435,000. 
High mortgage rates reducing number of eligible buyers in Massachusetts

Boston real estate is feeling the effects as more potential home buyers are adjusting their budgets.
“Unusual” market in April as home sales slow, but listed homes still sell quickly and at high prices

The inventory of unsold homes increased in April, while the median existing-home sales price rose, according to the National Association of REALTORS®.
Single-family home construction slows for second month in a row as apartment starts jump

“Builders are responding to higher mortgage rates and are chasing rising rents, with fewer homebuyers and more renters being forced to renew their leases.” — NAR Chief Economist Lawrence Yun 
NAHB: Builder confidence plunges in May on affordability concerns

The release of the monthly survey from the National Association of Home Builders comes as the Biden Administration unveiled a housing-supply action plan that aims to boost the supply of affordable apartments and new homes. 
Less buyers doesn’t mean more available homes

Despite the drop in demand, homes are selling faster than ever.
Massachusetts ranked one of the worst states for property taxes

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

Can $150,000 buy a home in Boston?

The data illustrates the struggle for first-time homebuyers trying to get a foot in the housing door in the country’s largest markets.
Mortgage applications rise for second week despite historically high rates

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. 
Sellers drop prices as buyers continue to find little relief

Homes are selling at record-breaking speed.