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)
Here's the latest update of Real Estate Rewind, 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.
2015 ends with most closed sales in a December since 2004. Strong buyer activity, low inventory and low interest rates pushed prices up again on homes in. December. 2015 was a year of higher sales, very low inventory and prices back to pre-recession levels.
Heres December 2015s Monthly Multi-family Housing Activity Report from the Greater Boston Association of Realtors.
(Multi-family housing activity comparing December 2015 to December 2014)
November closed home sales up on strong buyer activity in the fall. Ongoing low inventory combined with high buyer demand pushed home prices up in November. Eight straight months of new listings added to the market are giving buyers more options.
Heres November 2015s Monthly Multi-family Housing Activity Report from the Greater Boston Association of Realtors.
(Multi-family housing activity comparing November 2015 to November 2014)
Only real estate professionals who are members of NATIONAL ASSOCIATION OF REALTORS® may call themselves REALTORS®. All REALTORS® must subscribe to NAR’s strict code of ethics, which is based on honesty, professionalism and the protection of the public.
