"Why? Factors contributing to this softening include past rising interest rates and economic uncertainty, which have led to decreased buyer activity. While the market is cooler and less frenzied than it has been, it is still seeing upward pressure on downtown Boston condo for sale prices due to tight buyer affordability isues, suggesting a continued cool-off rather than a complete collapse."
"While the market is cooler and less frenzied than it has been, it is still seeing upward pressure on downtown Boston condo for sale prices due to tight buyer affordability isues, suggesting a continued cool-off rather than a complete collapse."
Past rising interest rates and economic uncertainty reduced buyer activity, contributing to market softening. Buyer affordability remains constrained, keeping demand focused among fewer qualified purchasers. Downtown Boston condo for-sale inventory faces upward price pressure despite the overall cooler market. Sales activity shows less frenzy and a slower pace compared with prior periods of heightened competition. The market trajectory points toward a continued cool-off rather than a sharp collapse. Price resilience in core areas reflects persistent imbalances between limited affordability and available listings. Transaction volume may remain subdued until rates decline or affordability improves.
Read at Boston Condos For Sale Ford Realty
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