Mass. Housing Prices Hit $585K Average. See Greater Boston's Priciest Towns

Rising interest rates can't do much to stop home prices in the Boston area and across Massachusetts from continuing their rise.

Median single-family home prices hit $585,000 in July, the highest number ever recorded for the month. That's up 8% from a year ago and 27% from two years ago, according to the Warren Group, which released the state's newest monthly data on Tuesday.

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