Boston ranks lower for rates of millennial homeownership, but not below other large coastal metro areas like Los Angeles, New York and San Jose.

The project has reached the mechanical, electrical and plumbing phase, with completion expected in the fall.

Nationally, home sales slid 1.4% year over year but increased 11.3% month over month, RE/MAX said. 

The projects were applicants for Mayor Wu’s Office-to-Residential Conversion Program, which aims to transform underused or empty office space into housing.

The project, as outlined in an initial proposal, will transform the lots into a mixed-use retail and residential square with a grocery store.

Amherst Community Homes, developed by Valley Community Development, will consist of 15 duplexes built on a parcel previously zoned for commercial and industrial use.

The $32 million update will bring 42 new units of affordable housing to Dorchester.

Located in Salem, the 29-unit affordable housing community will offer residents access to 5,000 square feet of creative workspace and artist pods.

Led by Nextgen’s newest partner, Kimberly Donovan, the office will focus on rental listings, exclusive apartment leasing and support for renters, landlords and property developers.

The condos will feature amenities like energy-efficient appliances, in-unit laundry and basement storage areas.

New CFO Tim Dieffenbecher previously served with CEO Chris Czarnecki at Broadstone Net Lease and Broadstone Real Estate. 

The project, called King Street Crossing, will sit on the former site of the IBM campus.

Building a luxury real estate brand starts with a luxurious website, says Malte Kramer, founder and CEO of Luxury Presence.

The new age-restricted, affordable housing development will open in late 2025 in Salem’s historic McIntire District.

Gillette revealed plans earlier this month to transform the former site of its Southie industrial facility into a waterfront development. The development will include over 1,800 residential units, 3.5 million square feet of office space, retail and restaurant spaces

The average monthly rent for a Boston apartment hit $3,667 last week, but that doesn’t mean all renters have to pay top dollar to live in Beantown.