Median home prices rose last month as new listings and closed sales fell, according to the Massachusetts Association of REALTORS® November housing report.

New-home permits fell 11.2% month over month, while housing completions jumped 10.8% in what one observer said could have “worrisome” long-term consequences for the nation’s housing supply. 

A letter of intent was filed by developer Pennrose in August seeking to create the development at 361 Centre St. site in Hyde Square.

“Santa gets a peek into millions of homes each year. Now, millions of Zillow surfers are getting a peek into one of the most famous homes in the world,” Amanda Pendleton, Zillow’s home trends expert.

The 30-year fixed-rate inched to 6.42%, which is still close to the lowest rate in a month, the group said. 

“Real estate technology continues to undergo a significant transformation, and the startups selected for the REACH program will play a critical role in helping to drive that change,” said Bob Goldberg, CEO of NAR and president of SCV.

Homes are lingering on the market longer, up 15% from last year during the four weeks ended Dec. 4, marking the largest uptick in home supply since 2015.

Realtor.com selected the top 10 housing markets poised for growth in the new year based on housing and economic data in the 100 largest metros.

Sue Yannaccone, CEO of Anywhere Brands, will lead the brokerage as M. Ryan Gorman moves to a strategic-advisor role. 

The Boston Planning & Development Agency is currently reviewing two Dorchester projects, which, if approved, would bring 174 housing units to the area.

Life finds a way at this adventurous getaway in Washougal, Washington. The Jurassic Retreat is currently listed for $1.29 million.

Homebuyer demand is rising as mortgage rates continue to decline, according to a new Redfin report.

Massachusetts officials have launched a new program to help first-time homebuyers in communities significantly impacted by COVID-19.

The projected year-over-year change in home sale transactions in the Boston-Cambridge-Newton region is -0.6%.

October’s 4.6% monthly drop follows a 10.2% decline in September, the National Association of REALTORS® reported. 

One hundred and fifty parcels of city land will be made available to developers to build these homeownership opportunities.