"We are still going to remain in this type of position for some time," Vieira said."There is some inventory coming online, but we're still behind the pace of where we need to be."
In metro Boston, it takes buyers a median of 12.4 years to save up for a competitive down payment, according to Zillow research updated on Dec. 31. Ten years ago, it took a median of 9.2 years for buyers to save up, the online marketplace reported.
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