Graph and download economic data for Housing Inventory: Median Days on Market Month-Over-Month in Boston-Cambridge-Newton, MA-NH (CBSA) (MEDDAYONMARMM14460) from Jul 2017 to Feb 2025 about Boston, NH, MA, median, and USA.

The S&P Case Shiller Boston Home Price Index has risen steadily since February 2020. The index measures changes in the prices of existing single-family homes. The index value was equal to 100 as of January 2000, so if the index value is equal to 130 in a given month, for example, it means that the house prices have increased by 30 percent since 2000. The value of the S&P Case Shiller Boston Home Price Index amounted to nearly 335.36 in August 2024. That was above the national average.

Graph and download economic data for Housing Inventory: Median Listing Price Year-Over-Year in Massachusetts (MEDLISPRIYYMA) from Jul 2017 to Feb 2025 about MA, listing, median, price, and USA.

Global Precast in Residential and Mass Housing market size 2025 was XX Million. Precast in Residential and Mass Housing Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

Graph and download economic data for Housing Inventory: Median Days on Market in Essex County, MA (MEDDAYONMAR25009) from Jul 2016 to Feb 2025 about Essex County, MA; Boston; MA; median; and USA.

House prices grew year-on-year in most states in the U.S. in the third quarter of 2024. The District of Columbia was the only exception, with a decline of three percent. The annual appreciation for single-family housing in the U.S. was 0.71 percent, while in Hawaii—the state where homes appreciated the most—the increase exceeded 10 percent. How have home prices developed in recent years? House price growth in the U.S. has been going strong for years. In 2024, the median sales price of a single-family home exceeded 413,000 U.S. dollars, up from 277,000 U.S. dollars five years ago. One of the factors driving house prices was the cost of credit. The record-low federal funds effective rate allowed mortgage lenders to set mortgage interest rates as low as 2.3 percent. With interest rates on the rise, home buying has also slowed, causing fluctuations in house prices. Why are house prices growing? Many markets in the U.S. are overheated because supply has not been able to keep up with demand. How many homes enter the housing market depends on the construction output, whereas the availability of existing homes for purchase depends on many other factors, such as the willingness of owners to sell. Furthermore, growing investor appetite in the housing sector means that prospective homebuyers have some extra competition to worry about. In certain metros, for example, the share of homes bought by investors exceeded 20 percent in 2024.

The U.S. housing market has slowed, after 13 consecutive years of rising home prices. In 2021, house prices surged by an unprecedented 18 percent, marking the highest increase on record. However, the market has since cooled, with the Freddie Mac House Price Index showing more modest growth between 2022 and 2024. In 2024, home prices increased by 4.2 percent. That was lower than the long-term average of 4.4 percent since 1990. Impact of mortgage rates on homebuying The recent cooling in the housing market can be partly attributed to rising mortgage rates. After reaching a record low of 2.96 percent in 2021, the average annual rate on a 30-year fixed-rate mortgage more than doubled in 2023. This significant increase has made homeownership less affordable for many potential buyers, contributing to a substantial decline in home sales. Despite these challenges, forecasts suggest a potential recovery in the coming years. How much does it cost to buy a house in the U.S.? In 2023, the median sales price of an existing single-family home reached a record high of over 389,000 U.S. dollars. Newly built homes were even pricier, despite a slight decline in the median sales price in 2023. Naturally, home prices continue to vary significantly across the country, with West Virginia being the most affordable state for homebuyers.

This statistic shows the housing markets with the largest year-on-year change in house flips in the United States in 2018. The house flipping rate in Boston, Massachusetts was 33 percent higher in 2018 than in 2017. House flipping is a real estate term which refers to the practice of an investor buying property with the aim of reselling them for a profit. The investor either invests capital into each respective property in the form of renovations or simply resells the properties if home prices are on the rise.

Graph and download economic data for Housing Inventory: Median Days on Market Month-Over-Month in Pittsfield, MA (CBSA) (MEDDAYONMARMM38340) from Jul 2017 to Feb 2025 about Pittsfield, MA, median, and USA.

The U.S. housing market continues to evolve, with the median home price forecast to reach 426,000 U.S. dollars by the second quarter of 2026. This projection comes after a period of significant growth and recent fluctuations, reflecting the complex interplay of economic factors affecting the real estate sector. The rising costs have not only impacted home prices, but also down payments, with the median down payment more than doubling since 2012. Regional variations in housing costs Home prices and down payments vary dramatically across the United States. While the national median down payment stood at approximately 26,700 U.S. dollars in early 2024, homebuyers in states like California, Massachusetts, and Hawaii faced down payments exceeding 74,000 U.S. dollars. This disparity highlights the challenges of homeownership in high-cost markets and underscores the importance of location in determining housing affordability. Market dynamics and future outlook The housing market has shown signs of cooling after years of rapid growth, with more modest price increases of 4.8 percent in 2022 and 6.5 percent in 2023. This slowdown can be attributed in part to rising mortgage rates, which have tempered demand. Despite these challenges, most states continued to see year-over-year price growth in the fourth quarter of 2023, with Rhode Island and Vermont leading the pack at over 13 percent appreciation. As the market adjusts to new economic realities, potential homebuyers and investors alike will be watching closely for signs of stabilization or renewed growth in the coming years.

Graph and download economic data for Market Hotness: Listing Views per Property in Essex County, MA (LDPEPRMMCOUNTY25009) from Sep 2017 to Feb 2025 about Essex County, MA; Boston; MA; listing; and USA.

All-Transactions House Price Index for Boston, MA (MSAD) was 386.06000 Index 1995 Q1=100 in October of 2021, according to the United States Federal Reserve. Historically, All-Transactions House Price Index for Boston, MA (MSAD) reached a record high of 386.06000 in October of 2021 and a record low of 25.01000 in October of 1977. Trading Economics provides the current actual value, an historical data chart and related indicators for All-Transactions House Price Index for Boston, MA (MSAD) - last updated from the United States Federal Reserve on March of 2025.

Graph and download economic data for Housing Inventory: Median Days on Market in Worcester, MA-CT (CBSA) (MEDDAYONMAR49340) from Jul 2016 to Feb 2025 about Worcester, CT, MA, median, and USA.

Financial institutions are entities that provide various financial services to individuals, businesses, and governments. The file is a comprehensive dataset for the year 2022, specifically for the state of Massachusetts, associated with the Academy Bank, National Association. It contains detailed information on various loan activities, including loan types, dwelling categories, and applicant demographics like ethnicity, race, and income. The dataset includes key metrics such as the census tract, county code, loan limits, and reasons for loan denial. Additionally, it provides demographic and economic indicators of the areas where these activities took place, such as population, minority population percentage, median family income in the MSA/MD, income percentage relative to the MSA, and housing unit characteristics. This data is valuable for analyzing lending patterns, compliance with housing finance regulations, and understanding the real estate market in Massachusetts.

West Virginia and Kansas had the lowest cost of living across all U.S. states, with composite costs being half of those found in Hawaii. This was according to a composite index that compares prices for various goods and services on a state-by-state basis. In West Virginia, the cost of living index amounted to 84.8 - well below the national benchmark of 100. Nevada - which had an index value of 100.1 - was only slightly above that benchmark. Expensive places to live included Hawaii, Massachusetts, and California Housing costs in the U.S. Housing is usually the highest expense in a household’s budget. In 2023, the average house sold for approximately 427,000 U.S. dollars, but house prices in the Northeast and West regions were significantly higher. Conversely, the South had some of the least expensive housing. In West Virginia, Mississippi, and Louisiana, the median price of the typical single-family home was less than 200,000 U.S. dollars. That makes living costs in these states significantly lower than in states such as Hawaii and California, where housing is much more expensive. What other expenses affect the cost of living? Utility costs such as electricity, natural gas, water, and internet also influence the cost of living. In Alaska, Hawaii, and Connecticut, the average monthly utility cost exceeded 500 U.S. dollars. That was because of the significantly higher prices for electricity and natural gas in these states.

The PIK Group was the largest mass residential developer in Russia in 2023, with an annual revenue of over 556 billion Russian rubles from apartment sales. The Samolet Group was another major market player, having earned more than 256 billion Russian rubles in sales in that segment.

Graph and download economic data for Housing Inventory: Median Days on Market in Massachusetts (MEDDAYONMARMA) from Jul 2016 to Feb 2025 about MA, median, and USA.

Graph and download economic data for S&P CoreLogic Case-Shiller MA-Boston Home Price Index (BOXRNSA) from Jan 1987 to Jan 2025 about Boston, NH, MA, HPI, housing, price index, indexes, price, and USA.

In 2024, the average rent for rental apartments increased in 27 of the 50 U.S. metropolitan areas with the largest populations. Providence-Warwick, RI-MA was the metro with the highest rental growth, an annual increase of 5.12 percent as of April that year. Conversely, Austin-Round Rock-Georgetown, TX experienced the highest decline in rents, at 7.42 percent.

Graph and download economic data for Housing Inventory: Median Days on Market in Springfield, MA (CBSA) (MEDDAYONMAR44140) from Jul 2016 to Feb 2025 about Springfield, MA, median, and USA.