As the summer market approaches, both closed sales and new listings increased in April, according to the latest report from the Massachusetts Association of Realtors.

Meanwhile, the Bay State had the fewest condo sales for the month of March since 2015.

Last month, the majority of properties sold at or above their full asking price.

Single-family home sales in Massachusetts were flat last month as median home sale prices reached a new high, according to a new report.

With the spring market right around the corner, the U.S. housing supply finally got a boost. 

Single-family home sales in the Bay State rose double digits in January as sales leveled off, and prices of single-family homes and condominiums continued to show year-over-year growth,

Following two years of market instability, the report found early indications that 2024 may be a brighter one.

Redfin economists say they expect the cooldown in budgets to lead to a cooldown in price growth over the next few months. 

The shift comes at a great cost as rising mortgage rates continue to keep buyers out of the market.

Rents in Beantown rose again last month at a rate higher than national rent increases.

Housing starts, existing home sales inventory took a tumble as well in February.

Beantown is the third most expensive in the city for renters, according to a new report from Zumper.

While rising interest rates may lead to more reductions in the housing supply, it may also bring some much-needed balance to the market.

Nationally, pending home sales fell as interest rates rose last month.

The median price of a single-family home in the Bay State topped $500,000 last year.

The hot housing market has been held back by lack of inventory, but it’s not tempering prices, only the amount of sales.