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Joe Schutt

July 2013 Greater Boston Real Estate Market Trends Report

Following a modest 4 percent decrease in condo sales in June, which marked the first annual decline in condo market activity in 18 months, sales volume surged in July, climbing 18.6 percent over the past 12 months to 1,236 units closed in July 2013. Its the largest percentage increase in monthly condo sales on an annual basis since January, when sales rose 22 percent from January 2012.

June 2013 Greater Boston Real Estate Market Trends Report

Concerns about interest rates rising helped push activity higher in the spring, which resulted in an increase in closed sales in June. Prices continue to move up because demand for available homes to buy is outpacing supply. Sellers are gaining confidence as new listings continue to be added to the market.

Watch WCVB's "Chronicle" Show On Downtown CrossingIt'll Give You Goosebumps!

WCVB's

For those who may have missed last night's "Chronicle" episode featuring Downtown Crossing, we are enclosing links to the four segments. Host Anthony Everett did a great job presenting, while producer Stella Gould did a wonderful job capturing all that is happening downtown, without missing the historical context.

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