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.

Nationally, the median age of construction workers is 41, the same as a typical worker in the national labor force.

In Boston, the index jumped 2.5% month over month and 16.2% year over year. The monthly increase was slightly down from the 2.6% rise recorded in March. 

The Cape Cod housing market was frenzied and unpredictable last month as the market continues to outpace 2020’s record-breaking year. 

The seasonally adjusted estimate of new houses for sale at the end of May was 330,000, representing a supply of 5.1 months at the current sales rate, the U.S. Census Bureau and the Department of Housing and Urban Development reported.

The median existing-home price for all housing types rose to $350,300 in May, marking another new record.

Home prices continued to rise in May, as the median price of condominiums topped $500,000 for the first time in history.

Market competition has eased up recently, but seven in 10 buyers still face bidding wars, according to a new report from Redfin.

On a year-over-year basis, new-home mortgage applications were down 5.9% in May, the Mortgage Bankers Association reported, citing its Builder Application Survey.

The typical increase in home sales as summer approaches failed to materialize nationwide last month, with average sales dropping 0.2% from April to May, but month-over-month sales in Boston dipped even further, declining 0.8%, according to the RE/MAX May National Housing Report.

Inventory levels rebounded last month, finally showing signs of recovery following a year of historical declines.

Although pending sales are up 29% from last year, they are starting to slow down, dropping 9.7% from their peak four weeks ago.

Single-family housing starts were up 4.2% from April and 49.8% from May 2020, at 1,098,000, according to the U.S. Census Bureau and Department of Housing and Urban Development.