The Boston Planning & Development Agency approved the project which will bring 269 residential units to the site of the former Boston State Hospital property on Harvard Street in Mattapan.

As home prices have surged in many places over the last five years, Massachusetts lagged the national average.

The S&P CoreLogic Case-Shiller U.S. National Home Price Index rose 5.8% year-over-year in December, compared to a 7.6% gain in November.

The 8.1% month-over-month increase in the National Association of REALTORS® Pending Home Sales Index was the largest gain since June 2020. 

The median sales price of a new home declined on both a monthly and yearly basis, however, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.        

Condos may no longer be the more affordable alternative to single-family homes, according to the Warren Group’s latest report.

The projects are located at 176 Lincoln St. and 1035 Commonwealth Ave.

Mortgage insurance premiums on loans backed by the Federal Housing Administration will drop from 0.85% to 0.55% beginning March 20. 

The former Keller Williams lending unit will operate alongside Mutual of Omaha Mortgage’s existing mortgage divisions. 

Despite an uptick in activity, sales slowed across the Boston housing market last month.

Senné has been named the official real estate partner of the Boston Bruins.

Buyers are looking to purchase, despite low inventory and rising costs keeping some at bay.

The 30-year fixed-rate mortgage averaged 6.32% as of Feb. 16, up from 6.12% a week before and 3.92% a year earlier. 

The pace of mortgage applications fell 7.7% in the week ended Feb. 10, the Mortgage Bankers Association reported. 

The five-story home fronting both Commonwealth Avenue and Marlborough Street was designed by Louis Comfort Tiffany.

Builder confidence rose for the second consecutive month in February with a seven-point increase that brought it to its highest level since last September, the National Association of Home Builders said.