The Massachusetts Association of Realtors reports this morning that home and condo sales were both down again in July while prices continued to rise.
But prices seem to be moderating a bit, rising by 2.9 percent last month for single-family homes and by 2.6 percent for condos compared to a year ago.
And another interesting, and possibly encouraging, factoid: New listings for single-family homes rose by 7.6 percent last month and increased by 4.7 percent for condos.
Yes, inventory of homes for sale is still a major, major challenge for would-be homebuyers. Yet, there are signs of improvements. Small signs. But signs nevertheless.
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Updated: December 2017