This latest Market Rewind report contain detailed data for the condo and single-family home markets for the second quarter of 2014 in GBAR's region 1 area.

For homebuyers relocating to metro Boston its always a shock to discover how expensive housing costs are in our area. For whatever reason real estate markets like San Francisco, New York and Seattle always seem to grab the headlines when it comes to surging prices and housing market performance.

49 Revere Street #1 is a great, well laid out lower level studio unit with almost 9 foot ceilings built for a king (bed that is). Renovated granite and stainless kitchen with dishwasher, gas cooking and two full windows.

Low interest rates and improving job market kept buyer demand high, but shortage of homes for sale resulted in a drop of closed sales in June 2014. Prices continued to move up because demand for available homes to buy outpaced supply.

Closed sales were up +5.7% Median prices were up +13.3% Inventory of Homes for Sale were down -23.6% Months Supply of Home for Sale were down -26.3% Days on market until sale were down -24.3% Percentage of original list price received were up +1.5% New Listings were up +0.3%

Here's May 2014's Monthly Indicators report from the Greater Boston Association of Realtors. See the latest Boston real estate market trends.

Heres May 2014s Monthly Multi-family Housing Activity Report from the Greater Boston Association of Realtors?

21 Annabel St Unit 3 is Fantastic penthouse unit in the Pleasant Street neighborhood. 2 bed/1 bath, AC, parking, 3 decks and much more.

Event sponsors Cole Haan and Unit Realty Group joined together to bring awareness to Second Chances, a nonprofit providing free clothing to those in need.

Here's April 2014's Monthly Indicators report from the Greater Boston Association of Realtors. See the latest Boston real estate market trends.