Today’s Top News: Massachusetts January median home, condo prices hit record highs

New Construction

Millstone Village finished in Medway

The 80 available units in Millstone Village range from the $379,000 to $625,000 and will include single, duplex and triplex-style homes.

Parkway Apartments under construction in West Roxbury

Construction of the Parkway Apartments was halted for two months due to COVID-19 and restarted in mid-May.
NAHB: Residential construction up in the suburbs nationwide

Small metro suburbs did the best in terms of construction with a more than 10% increase in market share over a year ago.
Another banner month for homebuilding

New housing starts numbers suggest that if you can’t buy it, then build it, according to one economist.
Builder confidence reaches record high in August

The National Association of Home Builders/Wells Fargo Housing Market Index is looking good, but could lumber prices stall the growth?
Massachusetts sees lower rates of manufactured homes than rest of U.S.

While prefabricated homes are six times less expensive than the average site-built home, trends in factory-built housing have always been volatile.
Are Boston’s opportunity zones living up to the hype?

New data looks at how prices in these areas have increased — or sometimes decreased — over time.

Homebuilder confidence takes a hit, though experts see light at the end of the tunnel

Economists believe home sales can help drive the nation’s economic recovery from COVID-19.
Builder confidence up in Northeast, down everywhere else

The results from the NAHB/Wells Fargo Housing Market Index show a slight increase in builder confidence in the Northeast that might not last in the wake of the novel coronavirus outbreak.
New work visas means relief for homebuilders

An additional 35,000 temporary work visas approved by the Department of Homeland Security could help ease chronic shortage of construction workers.
Kems proposes condo building for South Boston

Five-story building would offer 30 condominiums with 1- to 3-bedroom units.
Despite a dismal decade, NAHB predicts dynamism ahead for homebuilding

Looking back at the last ten years in homebuilding, the National Association of Home Builders’ chief economist demonstrated how bad the 2010s were for the industry but projected a positive outlook for the 2020s.
Boston scores highest share of new residential high-rises in U.S.

A new study shows that high-rise buildings aren’t just for worker bees anymore.

New-home sales up 17.4% in Northeast

The number of new homes sold shot up over last year, according to Census data from October.

Home sales dipped last month, but up 1.5 percent from last year in Northeast

NAR chief economist: Housing shortage is stunting potential growth.

 The Beverly
Applications now open for Boston’s largest workforce, affordable housing development

Those hoping to snag property in Boston’s competitive and pricey market might be in luck. According to a recent Curbed report, developer Related Beal has opened applications for an assortment of new workforce and affordable housing units in the

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