Boston condo sales jumped to their highest first-quarter total in 16 years.

The pandemic caused the mortgage market to tighten up, but as the economic recovery gains an increasingly solid foothold, lenders are starting to return to pre-pandemic practices.

Nationwide, the seasonally adjusted housing index rose 1.1% month over month in February and 12% year over year, up from monthly and yearly increases of 0.8% and 11.2% in January, respectively.

“Many of my clients are medical professionals and I love hearing about their journey and asking them why they wanted to be a physician or dentist.” — Stephen Morrison, Mortgage Loan Officer, TD Bank, Boston

The boost in inventory shows signs of seasonal norms as supply starts to catch up with demand.

Year over year, the pace of sales was up 66.8% nationwide.

Rent rates nationwide have been decreasing since the onset of the pandemic, but new data shows that in some cities, this could be changing in the near future.

Redfin has launched RedfinNow in the Boston area, marking the first iBuyer service in the local market. 

The DHS announcement comes in response to businesses reporting an immediate need for supplemental, temporary guest workers for this fiscal year.

Newbury Street could soon see almost 100 new residential units with the proposed redevelopment of 415 Newbury St. and 374 Commonwealth Ave. in Boston’s Back Bay.

As the economy slowly recovers from the early days of the pandemic, the share of loans in forbearance dropped for the seventh consecutive week, signifying a 40-basis-point decrease in the last two weeks.

With the lowest level of inventory in nearly 40 years, the 2021 spring market has homebuyers facing a level of competition not seen in a generation.

High demand and low inventory levels continue to drive up prices heading into the spring and summer markets.

The Boston Planning & Development Agency has given the green light to two development projects that will create or renovate more than 680 income-restricted residential units.

As they come of peak age for first-time homeownership, millennials are gaining an increasing share of today’s housing market.

The median sales price of homes in the 53 metro areas covered by RE/MAX’s National Housing Report rose 4.5% month over month in March to $303,000, marking the first time in the 13-year history of the report that it topped $300,000.