Even because the variety of gross sales declined on a year-over-year foundation, the median sale worth for a single-family house in Massachusetts set one other report in May as consumers compete fiercely for a restricted variety of properties, actual property analysts at The Warren Group stated Tuesday.
There had been 4,788 single-family properties bought in Massachusetts throughout May, a 7.3% lower from the 5,165 transactions recorded in May 2021. Meanwhile, the median sale worth climbed 12.4% on a year-over-year foundation to $590,000 final month — which The Warren Group stated represents a brand new all-time excessive for single-family properties because it started monitoring gross sales in 1987.
“I might sound like a bit of a broken record announcing that the median single-family home price reached yet another new all-time high, but it’s truly indicative of current market conditions,” Warren Group CEO Tim Warren stated.
US charitable giving hit report in 2021
Charitable giving within the United States reached a report $485 billion in 2021, although the rise didn’t maintain tempo with inflation, in keeping with a report Tuesday that supplied a complete have a look at American philanthropy.
The Giving USA report says donations in 2021 had been 4% greater than the record-setting $466 billion contributed in 2020. But they had been down 0.7% when adjusted for inflation.
Many nonprofits are actually feeling the pressure as a result of giving will not be rising as quick as worth will increase, stated Laura MacDonald, chair of the Giving USA Foundation.
“In 2021, many donors returned to their favored causes, with many of the sectors that struggled in 2020 making a recovery in 2021,” MacDonald stated in an announcement.
Source: www.bostonherald.com”