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

News / Features

Liberty Square office building to be converted into housing

The Boston Planning & Development Agency has approved a Liberty Square project that will convert the office building into residences.
Gov. Healey announces $158M in funding for affordable housing developments statewide

The Healey-Driscoll Administration has announced a $158 million investment in low-income housing tax credits and subsidies for more than a dozen affordable housing projects across Massachusetts.
NAHB: Tariff worries help send builder confidence to five-month low 

At the same time, builder sales expectations for the next six months posted their second-largest drop since the sentiment index started in 1985. 
Massachusetts January median home, condo prices hit record highs

January’s median single-family home price reached a new all-time high for the month, according to the Warren Group’s January market report.
Boston named one of the best state capitals to live in

Boston has been named one of the top state capitals to live in, according to WalletHub’s 2025’s Best State Capitals to Live In report.
Massachusetts housing market off to a strong start to the year

The Massachusetts housing market had a strong start to the new year as closed sales in the Bay State rose year over year for the fourth consecutive month.
Kraft outlines housing plan to give relief to renters, support first-time homebuyers

Under his proposal, mayoral hopeful Josh Kraft wants to streamline the process for building homes.
As Redfin and Zillow partner in $100 million rental deal, Redfin lays off 450 employees

In the wake of this news, Redfin also laid off 450 employees.
Cambridge City Council eliminates single-family zoning

Exclusionary zoning has ended in Cambridge after city councilors passed an ordinance that eliminates single-family zoning throughout the city.   
Greater Boston’s office-to-apartment conversions to increase 160%

Greater Boston has 1,167 office-to-apartment conversions on tap for 2025, No. 19 among U.S. metro areas.
Boston named one of the best cities in America for 2025

Time Out magazine has named Boston one of the top cities in America
Massachusetts needs 220,000 more housing units by 2035 to stay competitive, lower costs

A new report from Gov. Maura Healey’s office finds the state needs to increase its housing supply by at least 220,000 units between now and 2035 to stay competitive and lower housing costs. 
NAR’s Lawrence Yun predicts home-sales growth of 9% or more in 2025

Yun expects mortgage rates to drop to 6% by the end of the year.
Housing top priority for mayoral hopeful Josh Kraft

Josh Kraft officially entered the Boston mayor’s race this week, and housing is a key initiative of his campaign.
Who is new HUD secretary, Scott Turner?

Scott Turner, President Donald Trump’s pick to lead the Department of Housing and Urban Development (HUD), was confirmed to the role in a 55-44 vote.
New multi-family housing project approved in Brighton

The 250 Everett St. project will transform what is currently a parking lot and office space into a six-story residential building with 240 units.

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