April single-family home sales in Massachusetts grew 12.3% year over year, suggesting a resurgence in the Greater Boston housing market.
Despite mortgage rates near a 22-year peak, buyer confidence is increasing, with sales volume showing significant growth especially since June 2021.
Condominium sales in Massachusetts also increased by 7.3% year over year, reflecting a positive trend in the housing market.
GBAR president Jared Wilk noted a modest market rebound and increased buyer optimism due to lower mortgage rates, providing more options and negotiation opportunities for buyers.
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