Jared Wilk News Today

Buyers now need to pay 52.7 percent more than they would have in May 2019 for the same sized home, with a surge in working from home partly to blame.

The median sale price for a single-family home reached a record $950,000 in Greater Boston last month and local realtors have said it is likely to reach seven figures this summer

Home sales see first year-over-year increase since 2021, but there still isn't enough inventory to meet the demand.

Despite a new record-high for single-family home prices in the Greater Boston area in April, sales were up last month across single-family, multifamily and condominium properties, according to new data from the Greater Boston Association of Realtors.

The record-breaking figure represents an unmitigated housing crisis that is pushing homeownership further out of reach for everyday people.

The housing market woes of 2023, "like limited inventory, economic uncertainties, and higher interest rates are still at the forefront."

Would-be sellers are reluctant to list homes for sale and give up ultra-low mortgage rates locked in over the past few years, keeping inventories tight and prices high.

Just about every metric that encapsulates the current moment in the housing market is trending in the wrong direction, as interest rates and a massive supply shortage continue to freeze out buyers and sellers.

Real estate prices kept rising across Massachusetts in 2023. Buyers and sellers waded through an environment of high interest rates, low housing stock, inflated prices and strong competition. So, what will 2024 hold for homebuying and selling in Massachusetts? WBUR asked some experts to give their reflections and predictions.