Mass. Housing Price Growth Kept Slowing in August
The median single-family sale price saw the smallest year-over-year percentage gain of the last six months, as the Massachusetts housing market continues to slow.
The median single-family sale price saw the smallest year-over-year percentage gain of the last six months, as the Massachusetts housing market continues to slow.
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The market has cooled in Massachusetts after being confronted with high prices and rising mortgage rates, according to a new report from The Warren Group, publisher of Banker & Tradesman.
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.
Even as the median single-family and condominium sale prices set new records in May, signs emerged that buyers were pulling back.
The number of home sales across Massachusetts took another hit last month – typically the heart of the busy spring homebuying season – as prices for single-family homes hit an all-time high according to new data from The Warren Group, publisher of Banker & Tradesman.
Massachusetts’ home sales figures slid downward for yet another month in March, as the state’s housing shortage and rising interest rates continued to bite.
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While lenders began 2021 anticipating some interest rate increases this year, the changing rate environment in recent weeks has added another challenge to commercial real estate lending.
As the new year opened, fewer homes were for sale in Massachusetts than at any time in the last 23 years, helping send the median single-family and condominium sale prices to record highs for yet another month.
The median sale price for both single-family homes and condominiums set new records in December as sales volumes declined by double digits on a year-over-year basis, according to a new report from The Warren Group, a leading provider of real estate and transaction data.
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While November single-family mortgage activity dropped off slightly compared to last year, Massachusetts remains on pace to exceed both 2020 and 2019 levels.
The median sale price for both single-family homes and condominiums continued to set records in November as sales declined
Massachusetts home sales totals in October were consistent with pre-pandemic levels as buyer behavior continued its return to normal cycles, real estate experts said. At the same time, though, inventory remained depressed forcing prices significantly higher.
As inventory levels across Massachusetts continued to shrink, the median sale price for both single-family homes and condominiums climbed in September on a year-over-year basis, according to a new report from The Warren Group, publisher of Banker & Tradesman.
Massachusetts saw a slight downturn in the number of single-family houses sold last month compared to the pre-pandemic norm, leaving some observers to question whether the pool of potential homebuyers has shrunk, and others to conclude the let-up is only temporary.
With demand showing no signs of slowing down among prospective buyers, median single-family home and condominium prices spiked in April, reaching new all-time highs in the process, according to a new report from The Warren Group
Activity in the Massachusetts single-family home and condominium markets remained hot in March – setting new records in the process, according to a new report from The Warren Group, publisher of Banker & Tradesman.
Massachusetts single-family homes and condominiums continued to set records in February as buyer demand showed no sign of slowing down, according to a new report from The Warren Group, publisher of Banker & Tradesman.