Over the past year or so, more and more homebuyers are asking whether it is a good idea to buy now because home prices in the Greater Boston area have increased for approximately five years. The short (and truthful) answer is, "It might not be a good idea to buy depending on your plans."
Both single-family home and condominium sales declined in Massachusetts in April 2017 while home prices increased, The Warren Group, a publisher of real estate news and data, reported May 23, 2017.