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Q2 2022 Massachusetts Market Report

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Q2 2022 Massachusetts Market Report

Q2 | 2022

MASSACHUSETTS QUARTERLY

MARKET REPORT

1

MARKET NOTE

Is residential real estate due for a market correction? Nationally, the answer appears to be yes. Rapidly rising interest rates, inflationary prices and stock market declines have all contributed to a significant drop in mortgage applications and home sales. Of course, just like politics, all real estate is local. National statistics are usually based on closed sales from one or two months ago. And market conditions can vary significantly from city to city and region to region. Be sure to consult with your agent to understand market trends specific to your neck of the woods. So, how do things look in Greater Boston? The following observations are based on year-to-date MLSPIN >Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14 Page 15 Page 16 Page 17 Page 18 Page 19 Page 20 Page 21 Page 22 Page 23 Page 24 Page 25 Page 26 Page 27 Page 28 Page 29 Page 30 Page 31 Page 32 Page 33 Page 34 Page 35 Page 36 Page 37 Page 38 Page 39 Page 40 Page 41 Page 42

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