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April brings double-digit home sales growth

Home sales throughout the metro Boston area surged again in April, marking the third consecutive month of strong market data this spring. According to data released May 22 by the Greater Boston Association of Realtors, 947 single-family home sales

This Week in Boston Real Estate: Multiple offers, rents on the T and more

MA agents still seeing bidding wars in sales Despite recent signs of a slowdown in the local and national housing market, Massachusetts Realtors say multiple offer situations are still common. In a survey of members of the Massachusetts Association

Traffic named a key roadblock to local housing development

The current legislative session in the Massachusetts capitol has been dominated so far by numerous vexing issues. Chief among them: solving the statewide housing shortage that is particularly acute in Boston. While Governor Charlie Baker, along with local leaders

Spreading the wealth: Boston area development beyond downtown

The Boston area has been a hotspot for economic growth over the last several years, helping to grow its population and spur property development. But even the high rate of residential and commercial construction seen in the city since

New construction to know around Boston in 2019

Slip45 Condominiums 45 Lewis St., East Boston Developer: Lendlease Slip45 is the second condo complex built as part of the larger Clippership Wharf development along the East Boston waterfront. The first, Slip65, sold out within just eight weeks of

This Week in Boston Real Estate: Millennial movers and presidential hires

Boston among top millennial destinations The Boston-Cambridge-Newton metro area was named among the top 20 destinations for millennials who moved recently, according to a study from the National Association of Realtors based on U.S. Census data. In the report,

Local market update: Inventory gains boost early spring sales

Sales of single-family homes and condominiums remained strong in March to end the first quarter of 2019 on a high note. With prices increasing more modestly and listing inventory well ahead of last year, the Boston metro market appears

This Week in Boston Real Estate: Census numbers, hot neighborhoods and more

Census releases new population estimates for Boston metro The Boston metropolitan area posted some of the best numbers among the 10 largest metros in the U.S. in terms of net population gain, according to new estimates released by the

Rent control measures proposed in Boston

In what’s becoming a national trend, Boston and Massachusetts are among the latest city and state to see new proposals to institute rent control before legislators. But as in many other cases, the bills circulating through City Council and

Will Boston buyers see less competition this year?

After a fiercely competitive start to the home buying and selling season in 2018, interest rates began climbing toward what would be a seven-year high in November. A year later, with mortgage rates back down and the daffodils coming

This Week in Boston Real Estate: Affordable housing and ADUs

City’s affordable housing plan hits the ground running In an appearance for Bisnow’s Boston Affordable Housing Conference April 9, Mayor Marty Walsh touted the city’s progress toward an ambitious building agenda. According to figures released by the city related

This Week in Boston Real Estate: Office space, budget plans and more

Boston tech firms grew their office footprint last year A report from commercial real estate brokerage Cushman and Wakefield estimates Boston’s IT sector accounted for almost half of all new office leasing activity in 2018. In turn, that may

Cover story: Boston’s luxury real estate market

When most Americans think of luxury real estate, Boston might not be the first city that comes to mind. Maybe that should change, given the city’s remarkable economic growth in recent years that has kept it comfortably within the

What makes Boston a global ‘power market’ for luxury real estate

It’s not easy to stay up-to-date on the latest in luxury real estate. The true trajectory and intensity of trends in this specialized market can be obscured by noise in the data when sample sizes or time frames are

Redfin: Boston’s drop in bidding wars is the steepest in the country

In the last few weeks, no U.S. city has shown a steeper decline in the percentage of buyers who’ve faced competition when bidding for a home than Boston. That’s per a new study by Redfin, which compares the percentage

Local home sales grow by double digits in February

Single-family home and condo sales in the Boston area grew significantly in February on a year-over-year basis, posting unusually strong numbers for a month that’s often slower than average. In the single-family market, sales grew 21.8 percent in Feb.

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