
The housing market is being predictable, and that's a good thing. At the beginning of the year, it was anticipated that the prevailing trends of the past year would continue into and through 2016, and that has largely been the case

The housing market is being predictable, and that's a good thing. At the beginning of the year, it was anticipated that the prevailing trends of the past year would continue into and through 2016, and that has largely been the case
Heres April 2016s Monthly Multi-family Housing Activity Report from the Greater Boston Association of Realtors.
(Multi-family housing activity comparing April 2016 to April 2015)

Here's the latest update of Real Estate Rewind Q1 2016, an online quarterly report produced by the Greater Boston Real Estate Board (GBAR) which summarizes residential real estate market activity in the GBAR jurisdictional area.

Middlesex Road Condominium is a well run 19 unit association with a premier Chestnut Hill location on the Brookline/Newton border (choice of either school system). It is situated along a quiet tree-lined street among stately homes

Employment figures are positive, wages are going up and employers are hiring. Consumers are holding for the right deal, even in the face of extremely low mortgage rates. As seller and builder confidence increases, we should see more activity in Q2 2016.

As many of you who follow this blog have read in my other posts, I cringe every time Zillow is cited as a credible source of local real estate market information.

Strong buyer activity to start the year pushed closed home sales to highest level in a February since 2004. February median home prices were up from same time last year owing to buyer demand. The decreasing inventory trend continued in February.
Heres Febuary 2016s Monthly Multi-family Housing Activity Report from the Greater Boston Association of Realtors.
(Multi-family housing activity comparing February 2016 to February 2015)

Strong buyer activity in the last few months of the year pushed closed home sales to highest level in a January since 2004. January median home prices essentially flat from same time last year despite buyer demand.
Heres January 2016s Monthly Multi-family Housing Activity Report from the Greater Boston Association of Realtors.
(Multi-family housing activity comparing January 2016 to January 2015)