Buyer demand was also strong in the condo market in May, driving up the number of sales and pushing the median sale price to a new high.

Nationally, the median age of construction workers is 41, the same as a typical worker in the national labor force.

In Boston, the index jumped 2.5% month over month and 16.2% year over year. The monthly increase was slightly down from the 2.6% rise recorded in March. 

Mayer Realty Group has relocated to 785 Washington St. in Canton, taking over the spot Kramer Jewelers called home for more than 35 years.

WinnCompanies has filed a letter of intent with the Boston Planning & Development Agency for a massive transformation of the Mary Ellen McCormack public housing project in South Boston.

The Cape Cod housing market was frenzied and unpredictable last month as the market continues to outpace 2020’s record-breaking year. 

Knox Financial, a fintech company for property investors, has opened an office at 177 Newbury St. in Boston.

The fourth and final rental building at The Overlook at St. Gabriel’s has opened and is welcoming new tenants. 

For the second year in a row Banosian has funded $1 billion in loan volume, this time in less than six months.

Home prices continued to rise in May, as the median price of condominiums topped $500,000 for the first time in history.

The former Our Lady of Victories Church in Boston’s South End will soon bring new residential housing to the area. 

Virtual notary services will continue in the Bay State through Dec. 15, following the extension of the Virtual Notarization Act last week.

Charlotte Ostberg McAleer has joined Herrick Lutts Realty Partners as a Realtor.

The typical increase in home sales as summer approaches failed to materialize nationwide last month, with average sales dropping 0.2% from April to May, but month-over-month sales in Boston dipped even further, declining 0.8%, according to the RE/MAX May National Housing Report.

Inventory levels rebounded last month, finally showing signs of recovery following a year of historical declines.

A 49-unit luxury residential development will be located at 635 Main St. in Wilmington.