Trends
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The median sale prices for both single-family homes and condos reached new all-time highs last month, as low inventory continues to drive up prices.
Despite record high prices, two factors are creating opportunities for homebuyers this summer: falling mortgage rates and rising supply.
Despite spending more time than ever at home, more than half of Americans admit to hiding from their neighbors, according to a survey from Top Rail Fence.
Summer is underway, and many homeowners are looking for ways to upgrade their outdoor spaces so they can enjoy the heat in style.
Boston has one of the highest shares of luxury and ultra-luxury homes for rent among the 100 largest cities in the U.S.
Boston ranked among the top cities in the U.S. for homes closing above list price in May, according to the RE/MAX National Housing Report.
Buying a home in Boston? Here’s the down payment you need to afford it.
The record-breaking sales price comes as the pace of transactions slid from April, the National Association of REALTORS® said.
Boston’s median price per square foot has surged since 2019, marking one of the highest increases in the nation, according to Realtor.com’s May Housing Report.
With warm weather heating up much of the United States, many homeowners are craving new summer styles for their living spaces.
The S&P CoreLogic Case-Shiller U.S. National Home Price Index has hit a new record for six of the last 12 months, as demand remains strong in the face of tight inventory.
At the same time, the median price of a new home sold in April declined as well.
Meanwhile, the median single-family home price reached $610,000, the first time it exceeded $600,000 this year.
New-home construction jumped 5.7% month over month after a soft March, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
According to a new report from RentCafe, hotels have overtaken offices as the most likely spaces to be converted into new apartments.
In 2020, median renovation spending was $15,000. That amount increased by 60% in three years, with the median home renovation costing $24,000 in 2023.