Greater Boston’s housing market closed the year on a deepening down note - The Boston Globe

Posted on AllSides January 17th, 2023
From The Left

New figures out Tuesday from the Greater Boston Association of Realtors indicate that the median-priced single-family home in the region sold for $740,000 in December, down from $749,000 recorded in December 2021, and the first such annual decline since 2018. And while the decrease was slight when measured annually, home prices have fallen sharply since their peak in June at $900,000. It is perhaps the clearest indication yet of how higher interest rates and persistent inflation are tamping down Greater Boston’s once-scorching housing market: the median price of a single-family...

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https://bostonglobe.com/2023/01/17/business/greater-bostons-housing-market-closed-year-deepening-down-note

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