By the Numbers

Boston home inventory levels rebounded in May
Boston home inventory levels rebounded in May

Inventory levels rebounded last month, finally showing signs of recovery following a year of historical declines.

Housing market simmers down, but pending sales are still up
Housing market simmers down, but pending sales are still up

Although pending sales are up 29% from last year, they are starting to slow down, dropping 9.7% from their peak four weeks ago.

Housing starts rise in May, but building permits fall
Housing starts rise in May, but building permits fall

Single-family housing starts were up 4.2% from April and 49.8% from May 2020, at 1,098,000, according to the U.S. Census Bureau and Department of Housing and Urban Development.

Boston Housing Scorecard: Existing-home sales surge in May
Boston Housing Scorecard: Existing-home sales surge in May

Housing inventory also saw an increase from year-ago levels last month.

Zombie foreclosures up 21% across the country
Zombie foreclosures up 21% across the country

Of the 99 million residential properties in the U.S., approximately 1.4 million (or 1.4%) are vacant this quarter, with “zombie” home rates increasing both quarterly (21%) and annually (5.6%).

NAR: Pending home sales slide in April on tight inventory
NAR: Pending home sales slide in April on tight inventory

Year over year, however, pending home sales were up 57.1%, the NAR said, citing its monthly Pending Home Sales Index.

April sales strong as experts predict busy spring market could last into summer
April sales strong as experts predict busy spring market could last into summer

Median home sales prices in Massachusetts continued to rise in April due to strong buyer demand and record-low inventory.

New home sales slide in April as prices continue to rise
New home sales slide in April as prices continue to rise

The median sales price of new homes sold in April was $372,400, up from $334,200 in March and $310,100 a year ago. 

S&P CoreLogic Case-Shiller: Boston home-price gains accelerate yet again
S&P CoreLogic Case-Shiller: Boston home-price gains accelerate yet again

The pace of housing-price gains in Boston quickened in March, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, which showed a 2.6% increase from February and a 14.9% increase from a year earlier, compared to a gain of 0.9% the previous month.

Boston Housing Scorecard: Pending sales continued to rise in April
Boston Housing Scorecard: Pending sales continued to rise in April

Housing inventory in the Boston area, meanwhile, remained below year-ago levels in April.

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