Single-family home sales in Massachusetts plummeted last month to the lowest since 2014 while prices climbed to a new high.
On the condo front, the median sales price rose 6 percent from November 2021 to November 2022 to hit $475,000.massive year-over-year decline in sales paired with a more modest increase in price," Warren said."It's clear that neither market is immune from current economic conditions."
Although they approved Gov. Charlie Baker's push to reform the voting threshold required for local zoning changes and some funding for housing development, lawmakers so far have been unable to significantly address the housing shortage fueling the crisis, a shortage that some critics say is due to local zoning rules.
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