Current Market Data

Home prices continue to rise while existing home sales slow, inventory tightens

Existing home sales declined to their lowest level since November 2015, according to the September National Association of Realtors existing home sales report. Existing home sales dropped to 5.15 million in September, a 3.4 percent drop from August and

Rising home values can help homeowners, but it may cost them

Thanks to rising home values, more American homeowners are looking to tap into home equity that continues to grow, according to a recent survey conducted by Bankrate.com and research firm GfK f. But even though leveraging home equity into

Homeowners feeling more confident in the economy, ready to sell

As home prices continue to rise across the country, homeowners appear ready to sell their homes. A record 77 percent of Americans believe that now is a good time to sell their home, according to the National Association of

Boston home sales grow in August

Sales of single-family homes and condo units around greater Boston grew in August compared to the same month a year ago. Home sales increased 3.3 percent to end the month at 1,679 units sold, at a median price of

New construction activity finally climbs in August

The U.S. Census Bureau’s monthly New Residential Construction report showed builders broke ground on new homes and apartment buildings at a much higher rate in August compared to the prior month or last August. Housing starts grew by 9.2

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Boston ranks in top 20 ZIP codes with largest share of millennials

As millennials are expected to become the largest generation in history, it is no surprise the population’s location dynamic has been shifting. With millennials making up most of the labor force, millennials are following jobs that are relocating to

Redfin: Growing evidence of migration to low-tax states

Economists predicted it and many real estate agents have already been seeing it. Now more data is beginning to show Americans are shopping for homes where their tax bills might be lower, likely in response to new federal tax

Baby boomers are holding onto their homes as they head into retirement

As baby boomers gracefully round the corner into their golden years, Trulia found that the already strained housing market tightens a bit further as they hold onto their homes into retirement. Defined as the population born between the years of 1945 and 1964, aging them

As Gen Z enters the housing market, here’s what agents need to know

There are already approximately 100,000 Gen Z homeowners and that number will only continue to increase. While they share some concerns with earlier generations about affordability, 83 percent of Gen Z see themselves entering the real estate market within

Coffee shop meeting
Want to know where home prices will be rising? Look for a new Starbucks

Neighborhood amenities can make a difference on how much buyers want a specific home, and there is one amenity that seems to have a larger impact on home values than any other – Starbucks locations. A recent study by

US home equity growth rates higher in minority communities

Homeowners throughout the U.S. are benefitting from recent home price appreciation by way of swelling home equity values. A Sept. 10 report from the data firm Black Knight estimated that the total value of “tappable” equity for the entire

What are homebuyers looking for in new construction homes?

When searching for a new home, buyers have a lot of ideas about what they are looking for, from the layout to the design elements and even materials and finishes. In order to get an idea of what homebuyers

Homeownership rate among minorities rising

The homeownership rate among minorities continues to increase, but there is still some progress to be made, according to the National Association of Home Builders. The homeownership rate among all minority groups in the second quarter of the year

July pending sales miss the mark, led by price growth

New national home sales figures released by the National Association of Realtors Aug. 29 continue to show a housing market that can’t keep pace with prior years of stellar performance. For the seventh month in a row, NAR reported

Boston home sales still strong in July

July home sales throughout the Greater Boston area largely matched trends seen throughout the state last month — sales were still strong and prices remained high while the number of homes for sale fell. The Greater Boston Association of

NAR: Majority of homes sold in July were on the market for less than a month

Existing home sales slowed slightly in July to the slowest pace in more than two years and represented the fifth straight month of declines, according to the latest report from the National Association of Realtors. But demand stayed steady

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