Mass. Housing Market: How Does It Affect The Greater Boston Economy?

11:00

October 25, 2011

Despite a weak economy, Mass. housing sales climbed in September due to historically low interest rates. (AP)

The latest numbers on the region’s housing market show we’ve been less affected by the downturn than the rest of the country, but rental rates in the metropolitan region are higher than all but New York and San Francisco, raising questions about the cost of housing's affect on the Greater Boston economy.

And a new report released today finds that home prices in the Greater Boston area are at risk of dipping again.

Guests:

Barry Bluestone, author of the study, director of the Kitty and Michael Dukakis Center for Urban & Regional Policy

You can read the full report, below:

http://www.scribd.com/doc/70219991/The-Greater-Boston-Housing-Report-Card-2011

More:

Report: Troubled Economy Threatens To Push Home Prices Down, Again
Mass. Home Sales Climb In Sept.

This program aired on October 25, 2011.