Current Market Data

April brings double-digit home sales growth

Home sales throughout the metro Boston area surged again in April, marking the third consecutive month of strong market data this spring. According to data released May 22 by the Greater Boston Association of Realtors, 947 single-family home sales

Builders bullish on 55+ market, but labor shortages loom

Industry confidence in the single-family housing market for older adults reached an all-time high last quarter. The National Association of Home Builders’ 55+ Housing Market Index continued its recent incline with a reading of 72, up six points from

Local market update: Inventory gains boost early spring sales

Sales of single-family homes and condominiums remained strong in March to end the first quarter of 2019 on a high note. With prices increasing more modestly and listing inventory well ahead of last year, the Boston metro market appears

Home sales fall back to earth in March

After a strong nationwide rebound in February’s home sales figures, purchase activity resumed its downward trajectory in March. According to the National Association of Realtors’ existing-home sales report released April 22, completed transactions fell 4.9 percent between February and

Hispanics the only ethnic group with net growth in US homeownership

In the decade following the housing crisis, Hispanic and Latino populations accounted for the majority of growth in the U.S. homeownership rate, according to a recent report from the National Association of Hispanic Real Estate Professionals. The 2018 “State

Consumer confidence in housing market surges

Surveys of American consumers continue to point to renewed optimism in the housing market. Fannie Mae’s Home Purchase Sentiment Index approached an all-time high reading in March, gaining five points over February to reach 89.8. This was driven by

Will buyers rule the market this spring?

The coming spring season, when home sales usually take off, could be a great one for buyers as the stars align in their favor: Mortgage rates are low, inventory levels are higher and price growth has slowed. Already, home

Local home sales grow by double digits in February

Single-family home and condo sales in the Boston area grew significantly in February on a year-over-year basis, posting unusually strong numbers for a month that’s often slower than average. In the single-family market, sales grew 21.8 percent in Feb.

Home sales surge ahead of spring

For real estate agents, spring may have arrived early this year. After a string of anemic reports through the winter, home sales numbers picked up across the U.S. in February. The National Association of Realtors reported that existing home

More Americans say now is a good time to buy a home

The state of the U.S. housing market has shifted rapidly in the last few months, but are consumers keeping up? A new survey from the National Association of Realtors makes the case that low mortgage rates and increased inventory

Home design trends in demand in 2019

This year is one of continued change in home design as consumers get revved up about more livable spaces and a surge in new home-centered technology. Trends are constantly changing, and this year, homeowners want design that will create

Statewide pending sales up again in February

Pending home and condo sales grew again last month throughout Massachusetts as buyers moved to capitalize on lower interest rates and an increase in listings to choose from. The number of single-family homes under agreement by the end of

New 2019 housing forecasts reflect brighter outlook

Only three months ago, the consensus among economists studying the U.S. housing market was that 2019 would be, at best, unimpressive. Given prevailing trends at the time, it looked as though rising interest rates would continue driving up the

Boston’s pending sales, listing count grows in January

Growing inventory levels and falling interest rates did take hold soon enough to move the needle in Boston’s housing market in January, according to the latest reports from local and statewide Realtor associations. But with listings and pending sales

Case-Shiller: Home price growth trending downward

One of the most widely cited barometers of the U.S. housing market showed home price growth continuing a downward trend at the close of 2018, an positive sign for buyers. The S&P CoreLogic Case-Shiller Home Price Index registered a

Jan. existing-home sales leave room to grow

Evidence of slower price appreciation, growing inventory and falling interest rates have boosted economist expectations for U.S. home sales at the beginning of 2019. However, these trends that should entice buyers haven’t yet made an impact when it comes

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