Current Market Data

3 trends that defined Boston’s housing market in January

In its monthly market report, Redfin dissected dozens of markets across the nation and found that in January, buyers typically faced three challenges: rising prices, low inventory and a fast market. That was certainly true in Boston. Prices continue

Four trends Gary Keller says may change real estate

Keller Williams Founder Gary Keller spoke via an invitation-only live stream this week on the nation’s real estate market, commenting on the state of today’s market, and speculating on the fate of tomorrow’s. One of the most pressing topics

Bostonians are undervaluing their homes

There is a slight disconnect between homeowners and appraisers in Boston, according to Quick Loans’ latest National Home Price Perception Index (HPPI). The good news is the disconnect is in the favor of homeowners. In February, homeowner opinion in Boston

Report: Boston one of the “Best Places to Live”

Boston is one of U.S. News & World Report’s top 25 “Best Places to Live.” In fact, the city comes in at No. 8. To determine its ranking, U.S. News considered Boston’s quality of life and job market, as

Four ways builders are beating the labor shortage

In the five years following the peak of the housing bubble – so from 2006 to 2011 – the United States’ construction industry lost 2.3 million laborers. By 2013, 60 percent had already found new careers in other industries – which meant

When does owning in Boston become a better deal than renting?

Buying a home in Boston is a great deal – so long as the owner stays in it for about two and a half years. That was the conclusion of Zillow’s latest Breakeven Horizon report, which calculates how long the

Two signs that Boston’s housing market is in for a correction

The most consequential question facing the housing industry today is: Are we approaching a correction? National Association of Realtors Chief Economist Lawrence Yun said in January that 2016 was the market’s best year since the Great Recession. He thanked job

3 Boston suburbs named among “best cities for families”

Three Boston suburbs are among the 10 “best cities for families” on the East Coast, according to a new report from Apartment List. Basing its analysis on four disproportionately weighed data points – safety, housing affordability, education quality and

2 stats that could sign an end to inventory shortages

Builders need to build – a ubiquitous sentiment throughout the country, and what some experts believe is the solution to widespread inventory shortages. Two new stats suggest that may be exactly what’s going to happen in 2017. The first stat

Meet the first-time homebuyer of 2017

This year could be the year of the first-time homebuyer. Of course, that’s what experts said last year too. But this year it might actually happen. Of course, there remain barriers to entry – tight credit, inventory shortages, high

The 7 characteristics of 2017’s Silent Generation buyers that agents need to know

Understanding buyers is going to be especially important this year – interest rates and prices are rising, inventory shortages remain commonplace throughout the U.S., and our housing market is now operating under a president promising a broad spectrum of

Builders reveal what their 10 biggest problems are in 2017

Homebuilders across the nation faced crippling labor shortages in 2016; in fact, it was the biggest problem they faced all year. Don’t expect anything to change in 2017. Eighty-two percent of builders say the No. 1 problem they expect

Greater Boston’s top-selling housing markets in 2016

Where in the Greater Boston housing market were sales the strongest in 2016? Using the latest GBAR stats, we put together the following chart, which not only ranks the top 20 housing markets of the year, but also shows how

Greater Boston construction caps off 2016 with spectacular growth

The Greater Boston new construction market concluded 2016 in spectacular fashion, according to research from Dodge Data & Analytics. In December, Greater Boston saw more than $429 million in total residential construction spending, which is an 81 percent increase from Nov. 2015.

Boston’s housing market among nation’s most unequal, and it’s getting worse

Boston has one of the most unequal housing markets in the country. In an analysis of the country’s biggest housing markets, Redfin compared avg. luxury home price with the bottom 95 percent of the market, respectively. Of the 10

Greater Boston’s top-selling condo markets in 2016

Our chart below features the top-selling condo markets in Greater Boston in 2016, according to research from GBAR. Additionally, we have included stats on median sales price, and how the markets have changed over the last year. Area 2016 Condo Sales Percent Change

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