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More bad news for would-be homebuyers

More bad news for would-be homebuyers

The median price for a single family home in Boston is now $900,000 – an all time high. WBUR Senior Business Reporter Zeninjor Enwemeka joins The Common to discuss how we got here, and what is at stake for communities when home ownership strays farther and farther out of reach for the average family.

The Common · WBUR

July 6, 202313m 12s

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Show Notes

The median price for a single family home in Boston is now $900,000. The record-breaking figure is driven by a shortage of housing inventory, as well as a reduction in home turnover thanks to high interest rates.

WBUR Senior Business Reporter Zeninjor Enwemeka joins The Common to discuss how we got here, and what is at stake for communities when home ownership strays farther and farther out of reach for the average family.

Greater Boston’s weekly podcast where news and culture meet.