Privately owned housing units authorized by building permits in June came in at a seasonally adjusted annual rate of
1,598,000, down 5.1 % from the revised May rate of 1,683,000, but 23.3% above the year-ago rate of 1,296,000.

July’s reading of 80 was down one point from June, but still signaled strong demand for housing, the National Association of Home Builders said.

During the four-week period ended July 11, the average weekly share of homes for sale with a price drop passed 4% for the first time since September 2020.

How luxurious is the American real estate market? You may be surprised.

Meanwhile, the Mortgage Bankers Association’s seasonally adjusted purchase index rose 8% from the previous week.

Adjectives reflecting the desire for privacy and physical isolation gained a place of prominence: “private,” “covered,” “quiet,” “separate” and “enclosed” were among the top 100 most-used description terms.

The competitive homebuying market showed signs of loosening up last month as bidding wars dropped from May despite being higher than they were a year ago.

It could take Boston-area renters more than a decade to save for a down payment in today’s market.

Boston rents rose sharply last month, the sixth straight month of rent increases across the city.

Boston wasn’t the only Massachusetts city or town on the list. Seven other Massachusetts locales were ranked in the report. See how they all stacked up.

Despite an average nationwide uptick, Boston rents declined year over year in May.

Millennials were once referred to as the “renter generation” because of their preference for apartment living in urban areas over purchasing a home in the suburbs like their Baby Boomer parents.

Two other Northeast cities close to Boston continue to hold their spots at the top of the rankings for May.

Housing markets across the country saw new listings growth in June, as the median list price hit yet another all-time high, and Boston was no exception. 

Strong growth of single-family construction spending drove the increase, while spending on multifamily construction was flat, the National Association of Home Builders said.

Buyer demand was also strong in the condo market in May, driving up the number of sales and pushing the median sale price to a new high.