By the Numbers
Median home sales prices in Massachusetts continued to rise in April due to strong buyer demand and record-low inventory.
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.
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.
Housing inventory in the Boston area, meanwhile, remained below year-ago levels in April.
The number of buyers who locked in mortgage rates for second homes spiked to 178% year over year in April, according to a report from Redfin.