July Home Sales Are Only One Data Point
Massachusetts’ residential brokers and agents shouldn’t let the huge dips in home sales reported last week convince them the sky is falling.
Massachusetts’ residential brokers and agents shouldn’t let the huge dips in home sales reported last week convince them the sky is falling.
The median sale price for single-family homes reached $610,000 in June, according to The Warren Group, publisher of Banker & Tradesman, the first time the figure has broken $600,000.
A new report from Redfin suggests another way higher mortgage interest rates are taking their toll on the housing market: more homebuyers bailing on purchases.