The Boston metro area received a “strong seller” designation on Zillow’s Market Heat Index.

To meet local needs, Cranberry Manor’s units will be income restricted to those 62 and over, who earn varying levels of the area median income.

Closed sales decreased for both condos (-0.5%) and single-family homes (-4.6%) in August, although the single-family market saw a sharper drop.

The administration insists that the fast tracked review process will not result in fewer environmental protections.

HGI currently owns 978 units in the area and has bought and sold over 3,100 apartments across nine properties in Massachusetts.

The value of the U.S. housing market value hit $55.1 Trillion in June, Zillow found, and nine metros hold nearly one-third of the nation’s housing wealth.

Boston ranks 16th among the 20 most populous U.S metros for new apartment construction.

Over the next two years, the Kraft family and the New England Patriots Foundation, in partnership with Bank of America, will issue a total of $300,000 to these and other local organizations serving Boston.

Eighteen of the residences would be classified as affordable, while the remainder would be market rate.

The Bay State earned excellent marks for emotional and physical well-being, thanks in part to the state’s excellent healthcare offerings.

Western Springs, Illinois took first place, while Massachusetts’ own Lexington and Winchester placed second and third.

The project was the first to use the city’s Downtown Residential Conversion Incentive Program, which encourages developers to convert office buildings into residences.

Boston’s low student-to-teacher ratio (11:1) empowers teachers to provide excellent education to students. Plus, Boston spends more annually per student than any other city in the nation, at $30,388.

If approved by voters, the initiative would cap yearly rent increases at 5% or the annual increase in the Consumer Price Index, whichever is lower.

SHORE-UP will support the over 10,000 older adults on the Boston Housing Authority’s affordable housing waitlist by providing financial support towards rent payments until placement.

Nationwide, survey respondents good cited weather, low crime and affordability as the most desirable qualities for a city to have.