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Boston Home Sales Rise Despite Falling Prices and Rates

9/25/2025

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Summary

Story summary

In August 2025, Greater Boston single-family home sales totaled 1,077, up 2% from August 2024.
The median home price dropped to $935,000 from a $1 million high in June.
Sales have slumped for three years despite lower rates, amid high prices.
The 30-year rate was 6.26%, down from over 7% earlier; agents hope a Federal Reserve rate cut boosts activity.

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Story summary

In August 2025, Greater Boston single-family home sales totaled 1,077, up 2% from August 2024.
The median home price dropped to $935,000 from a $1 million high in June.
Sales have slumped for three years despite lower rates, amid high prices.
The 30-year rate was 6.26%, down from over 7% earlier; agents hope a Federal Reserve rate cut boosts activity.