Trends

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Investors made up nearly a quarter of all single-family home sales in 2022

Data from the PEW Trust shows that investment companies make up approximately a quarter of the entire single-family home market across the U.S.

NAR: Pending-home sales slide for fifth consecutive month in October 

October’s 4.6% monthly drop follows a 10.2% decline in September, the National Association of REALTORS® reported. 

S&P CoreLogic Case-Shiller: Boston housing prices continue to lose ground

Housing prices were down in all 20 cities tracked by the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index.

New-home sales post surprise gain in October as median price hits new high 

New-home sales rose 7.5% month over month, while the median price of a new house surged to $493,000 from $455,700 in September and $427,300 a year ago, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.   

MBA: New-home mortgage applications fall in October 

The pace of new single-family home sales, meanwhile, fell 6.1% from September to 598,000. 

NAR: Existing-home sales fall again in October as prices continue to rise 

The median existing-home price rose for the 128th month in a row, extending its record-breaking streak of increases. 

Housing starts slow in October but remain elevated 

The number of homes under construction rose during the month, as homebuilders continued to work through a large backlog of homes. 

MBA: Mortgage applications rebound on lower rates 

The largest single-week decline in conventional mortgage rates since July brought the first increase in home-loan applications since September, the Mortgage Bankers Association said. 

Boston ranked one of the best metro areas for cashing in on downsizing

Downsizing from a four-bedroom home to a two-bedroom home in the Boston area would save the typical homeowner nearly $275,000.

Boston named one of the cities with the best real estate prospects in 2023

The 44th edition of the in-depth forecast report examined 80 cities to determine trends in the real estate industry for 2023.

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