By the Numbers
While a budget of $1,500 scores plenty of space in many Sunbelt cities, space and affordability are on the chopping block for those hoping to live in Massachusetts.
The median sales price of a home hit an all-time high of $440,600.
Looking ahead, Cotality expects home prices to rise 4.8% between May 2026 and May 2027.
Nationally, the median list price slipped 2.4%, marking the eighth month in a row of declines.
The uptick was driven by a slight dip in mortgage rates.
S&P Dow Jones Indices noted that inflation outpaced national home-price appreciation for the 11th month in a row.
Home sales in the 51 metro areas surveyed by REMAX rose 7.9% month over month and slid 0.5% year over year.
The increase was driven by refinancing activity as purchase applications dipped.
With demand driving prices skyward, researchers decided to compare FIFA World Cup ticket costs to another expensive commodity — housing.
The 3.8% month-over-month gain was almost four times what industry observers were expecting.
Inventory rose 3.3% month over month and 0.6% year over year to 1.55 million homes, which equals a 4.5-month supply of unsold inventory, NAR said.
Nationwide, it takes six years to break even on homeownership, down from an all-time high of 8.4 years in 2023.
Notably, the Commonwealth had the highest percentage of firms listed on the Technology Fast 500 list.
Amid what Realtor.com called the most active spring in years, the housing market is finding a new equilibrium.
Older homes often come with hidden costs, like leaky roofs, worn-out water heaters and drafty windows.
Looking ahead, Cotality expects home prices to rise 5.3% between April 2026 and April 2027.
