The recent study reveals that after a prolonged period of decline, home prices in the U.S. have now aligned more closely with typical household affordability, marking a year-over-year improvement in housing affordability for the first time since 2022.
In Boston's real estate market, particularly for condos, there remains a significant divide between asking prices and actual sale prices, with many properties selling for considerably less than their listed prices, indicating an adjustment phase within the market.
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