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Greater Boston s housing market still soaring, putting ownership further out of reach for many

Greater Boston’s housing market still soaring, putting ownership further out of reach for many Tim Logan © EPA Home prices in Greater Boston have surged this spring, thanks to strong demand and low inventory of homes available to purchase. Another month, another record for Greater Boston’s red-hot housing market. The median price of a single-family home in the region surged to $765,000 in April, according to data this week from the Greater Boston Association of Realtors. Condominium prices climbed too, topping $622,000. The sky-high prices, along with a historic shortage of homes to buy, reflects a trend that has been building since the COVID-19 pandemic first rattled real estate markets a year ago. Buyers, eager for space and spurred by low interest rates, are scooping up whatever they can find, especially single-family homes in suburban towns. At the same time, many current homeowners are sitting tight, keeping supply off the market.

United statesBarnstable countyBerkshire countyCape codDino confaloneWarren groupGreater boston association of realtorsGibson sotheby international realty in cambridgeGreater bostonGreater boston associationGibson sothebyInternational realtyஒன்றுபட்டது மாநிலங்களில்பார்ன்ஸ்டபிள் கவுண்டிபெர்க்ஷயர் கவுண்டிகேப் காட்

Houses in Greater Boston cost more than ever last month

Houses in Greater Boston cost more than ever last month The median price of a single-family home was almost $725,000 By Tim Logan Globe Staff,Updated April 20, 2021, 12:48 p.m. Email to a Friend The Greater Boston housing market remained superheated in March.Steven Senne/Associated Press House prices continued their surge in Greater Boston last month, with the typical single-family house now costing nearly $725,000 â the highest on record â and the supply of properties for sale remaining at rock-bottom levels. The median price for single-family homes in the region jumped 14 percent compared with March 2020, to $723,750, while the number of homes on the market fell by one-third, according to the Greater Boston Association of Realtors. Condominium prices, by contrast, dipped slightly, down two-tenths of a percent to $617,500, while condo listings increased by 30 percent.

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New Listings Still Down as 2021 Gets Underway - Banker & Tradesman

New Listings Still Down as 2021 Gets Underway - Banker & Tradesman
bankerandtradesman.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bankerandtradesman.com Daily Mail and Mail on Sunday newspapers.

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