New Data Adds to Picture of Softening Mass. Condo Market
The Massachusetts condo market showed further signs of softening, according to July sales data just released by The Warren Group, the publisher of Banker & Tradesman.
Urban Core Condo Sales Hit Five-Year Low
Condominium sales volume in the Boston urban core dropped to the lowest level in five years as rising mortgage rates favored rentals over home ownership, according to a Boston brokerage.
Condos No Shelter from Rising Prices, Agents Say
Experienced agents say there’s a number of possible reasons why more Boston-area single-family listings appear to be hanging around on the market than condos. But one thing is certain: Condos are no longer the affordable option.
Downtown Boston Condo Prices Rose 8.5 Percent in Q3
Median prices of condos in core Boston neighborhoods rose 8.51 percent to $949,500 in the third quarter, driven by limited supply and continuing strong demand.
