Spring is the busiest season in the real estate market, and this year is shaping up to be red hot.
The median price of a single-family home in Massachusetts shot up more than 10 percent last month compared to the year-ago month, another indication that the state’s housing market is on the way to recovery.
Home prices in Greater Boston increased slightly in March, according to the S&P/Case-Shiller Home Price Index.
The state’s housing recovery is proving especially kind to sellers of high-end homes.
The state’s housing market continued to show signs of recovery in March, as buyers chased discounted prices and posted the eighth consecutive month of single-family home sale increases.
The pace of house and condominium sales is picking up in Massachusetts, but prices remain below year-ago levels.
Local home prices continue to lose ground and now are tied more closely to a national trend indicating the housing decline might be getting worse.
The spring home selling season is off to a slow start, according to new figures.
It was a mixed month of May for the Massachusetts housing market as sales of single-family homes fell while sale prices edged higher.
Home prices in the Boston area dropped in March, but they’re relatively stable compared to the rest of the country.
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