MARKET TRENDS

Blooming Home Sales After April Showers

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Existing-home sales have bloomed after the April showers, with the median days on the market at a new low and the median sales prices at a new high.

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Jamaica Plain, Davis Square and Allston/Brighton Ranked Boston's Coolest Neighborhoods

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According to a recent report from commercial real estate brokerage Cushman & Wakfield, Jamaica Plain, Davis Square and Allston//Brighton are the coolest Boston area enclaves.

Pending Home Sales Reach Highest Level in Seven Months

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Pending home sales rose to their highest level this February, and remain higher than a year ago according to the National Association of REALTORS?. Led by a sizeable increase in the Midwest, all major regions except for the Northeast saw an increase in contract activity.

Although the Pending Home Sales index, a forward-looing indication based on contract signings, has now increased year-over-year for 18 consecutive months, last month?s gain was the smallest.

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