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Single-family home cost in Massachusetts hits new heights

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Single-family home cost in Massachusetts hits new heights


As the mercury rises, so do home prices.

A harbinger of that is the report today by The Warren Group, which shows the cost of a single-family home climbed 10% in February in the Bay State, with a new median price of $548,250.

“February was another record-setting month for median single-family home prices as sales activity
was flat on a year-over-year basis,” said Cassidy Norton of The Warren Group. “A lack of inventory is the biggest factor driving these trends, and with fewer and fewer homes hitting the market, we can fully expect to see more recording-setting prices paired with a low sales volume in the coming months.”

The report lists 2,042 single-family homes sold in Massachusetts during February. That’s flat year-over-year — or up 0.1% with 4,434 home sold in 2023 vs 4,438 this past February, the report states.

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The median condo price increased 6.5% on a year-over-year basis to $490,000.

Condo sales also increased 5.8% when compared to last February, with 1,017 sales vs 1,076 closings this winter, the report adds.

“Although condo sales increased 5.8% in February on a year-over-year basis, activity is still
nowhere near what we saw even two or three years ago,” Norton said. “Record high prices and
high-interest rates are likely a big factor in the long-term decline in activity, and prospective
buyers shouldn’t expect much relief in the near future.”

The Fed is meeting this week, and all eyes are on the benchmark interest rate but don’t bet on any immediate relief.

Fed Chair Jerome Powell and his fellow Fed officials are expected to play it safe and keep rates frozen, according to multiple reports.

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The Fed’s benchmark rate stands at about 5.4%, the highest level in 23 years, after a series of 11 rate hikes that were intended to curb the worst inflation in four decades but have also made borrowing much more expensive for consumers and businesses, the Associated Press reports.

Mortgage rates are hovering near 7.2% for a 30-year fixed rate, with other similar rates being promoted for slightly less. “Upper” 6% rates are also in play as of Monday, with Business Insider stating “hotter-than-expected economic data has helped push them back up.”

As for Greater Boston, the housing picture is even more costly.

The Warren Group report states the median price of a single-family home has soared 11.9% year-over-year in February from $620,000 to $693,750. That’s for the 139 towns located within Interstate 495. Condo prices are also up 5.7%.

There’s not much movement in Boston, where single-family home sales — though very rare — climb past $1 million, statistics show. The same holds true for Cambridge, Arlington, Dover, Belmont, Brookline, Concord, Edgartown, Hingham, Lexington, Lincoln, Needham, Wellesley, Weston, and Westwood.

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Boston, MA

Street in Boston renamed after Terrence Clarke

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Street in Boston renamed after Terrence Clarke



Street in Boston renamed after Terrence Clarke – CBS Boston

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Terrence Clarke, a Boston native and University of Kentucky basketball player, was killed in a car crash in Los Angeles in 2020, today a street sign bearing his name was unveiled at the Vine Street Community Center.

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Boston, MA

Woman found dead in Allston, man seen fleeing apartment busted by Boston police

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Woman found dead in Allston, man seen fleeing apartment busted by Boston police


A woman was found dead in an Allston apartment Monday night, and a man seen busting out a window is under arrest, police report.

Deputy Superintendent Paul McLaughlin said at the scene on Glenville Avenue that the case is in the “early stages of the investigation.”

He told reporters a 911 call came in at about 7:48 p.m. that was “likely domestic” and “at least one weapon has been recovered.” He did not confirm reports of a machete.

The suspect was Tased and eventually cuffed after attempting to steal a car, he added. The crime scene is not far from Commonwealth Avenue.

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“The scene leads from the apartment through several yards,” McLaughlin added, saying police are still “trying to piece this together and assemble all the facts.”

When pressed if the man was involved in the woman’s slaying, he said it was too early to say.

“He was in the apartment where the women was located and he fled out that apartment and broke a window” with police in pursuit, McLaughlin added, hinting he is at the very least a top suspect.

Sgt. Det. John Boyle, the BPD’s top spokesman, said all further details on the suspect and the deceased will be updated to BPDNews as soon as possible.

The death comes at the close of Marathon Monday with the city packed with runners and fans.

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Boston archbishop remembers Pope Francis: ‘His example remains a guiding light’

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Boston archbishop remembers Pope Francis: ‘His example remains a guiding light’


In the wake of Pope Francis’ death Monday, the head of Boston’s archdiocese called the Catholic leader’s legacy “broad and deep.”

Archbishop Richard G. Henning, who was appointed to lead the Boston archdiocese by Francis in 2024, said the pontiff “continuously called us to deeper faith and to a more generous participation in the boundless compassion of God.”

“I was deeply saddened by the news of the passing of Pope Francis. His legacy as Holy Father is broad and deep,” Henning said. “His example remains a guiding light to the Universal Church. Through the intercession of Our Blessed Mother and Saint Joseph, may he rest in peace.”

From his election on March 13, 2013, the Argentine-born Jorge Mario Bergoglio signaled a different papacy, embracing refugees and the downtrodden, especially following the troubled tenure of Pope Benedict XVI, who surprisingly resigned.

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But conservatives grew increasingly upset with Francis’ progressive bent, outreach to LGBTQ+ Catholics and crackdown on traditionalists. He badly botched a notorious case of clergy sexual abuse in 2018.

Francis entered Gemelli hospital on Feb. 14, 2025, for a respiratory crisis that developed into double pneumonia and, at 38 days, became the longest hospitalization of his papacy. Part of his right lung was removed in the late 1950s after a bout of pneumonia, and he suffered from chronic lung disease.

He emerged on Easter Sunday — his last public appearance, a day before his death — to bless thousands of people in St. Peter’s Square, drawing wild cheers and applause. He died hours later.

Francis’ death now sets off a weekslong process of allowing the faithful to pay their final respects, first for Vatican officials in the Santa Marta chapel and then in St. Peter’s for the general public, followed by a funeral and a conclave to elect a new pope.



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