Sales of existing homes continued to rise in November, hitting their highest level in over 3 years. According to NAR (National Association of Realtors) that figure is up 14.5% over same period last year. And this certainly will hold true in the Boston Real Estate market.
Sales were up almost 6% from the previous month of October. The national median home price also jumped up about 10% over last year. Building permits were up almost 27% over the same time last year. Single family home permits rose 25.3% and multi family permits rose over 30% over same period last year.