Pet ownership increased dramatically during the pandemic. 73% of homeowners report at least one pet in the home.

“There simply aren’t enough homes for sale relative to the demand fueled by millennials armed with low mortgage rate-driven house-buying power.” — First American Deputy Chief Economist Odeta Kushi

The month also saw a slight shift in inventory, even though shortages continued.

Boston wasn’t the only Massachusetts town on the 2021 list. Both Worcester and Springfield also made the rankings.

The median existing-home price for all housing types in September was $352,800, up 13.3% on an annual basis, as every region in the country registered price increases.

September was another month for the record books in Massachusetts real estate as the median sales price for single-family homes and condos grew from last year and inventory levels continued to shrink.

Homebuyer demand remained consistent in September and despite another decrease in listings, there are indications the marketing is softening and sales prices may start to moderate. 

The two family-owned franchises will bring 80 years of combined real estate experience to Boston’s Back Bay.

Freddie Mac plans to offer at least $3 billion in single-family affordable housing bonds to support affordable homeownership and serve historically underserved markets.

The decrease was driven by a 5.1% month-over-month slide in the rate of multifamily starts, while single-family construction was flat.

The number of closed sales fell 12% month over month, while active inventory rose 5.6% to 7,362. Median sales prices dropped 4.8%, but that’s still up 7.3% from September 2020. 

Climate change will negatively impact the already-stunted housing inventory in the U.S., according to a recent Redfin report.

Lack of inventory continues to restrict home sales as fewer homes sold in September, and closed home sales dropped.

Maggie Seelig of MGS Real Estate Group has announced she is opening her first suburban office in the MetroWest Suburbs, expanding the brokerage to assist buyers and sellers beyond Boston.

Zillow announced it will not sign any new contracts to buy homes until the end of the year due to a “backlog in renovations and operational capacity constraints.”

Cape Cod’s housing market remained historically strong in September, despite declines from last year.