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Pending home sales in the Northeast dive at around twice the national rate
NAR’s chief economist says April’s decline could be the lowest point in the market, and that he expects it to bounce back soon. read more
Rent increases down in Boston in April
A new report that rent is still rising, but by much less in most cities, as a result of the COVID-19 crisis. read more
Boston named hottest city for bidding wars
Good news for sellers: Homes on the market under $1 million are receiving multiple offers in desirable cities. read more
Existing-home sales drop 17.8% in April, but first-timers are coming back
Coronavirus lockdowns disrupted sales in April, but the data shows an increase in new homebuyers. read more
Lenders expect recovery to pick up steam by end of 2020
Economists with the Mortgage Bankers Association predict mortgage rates will remain low for the next couple of years, though there is at least one scenario under which they could rise more quickly. read more
Cape Cod home sales down, but interest returning through online searches
Barnstable County home sales took a hit in April along with the rest of the country, but interest remains high. read more
Builder confidence rose nationally in May, but still down in the Northwest
Builders are feeling more confident this month, a sign that the new-home market may have already hit bottom. read more
