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.
More on this story from Boston Business Journal
Get Boston local news, weather forecasts, lifestyle and entertainment stories to your inbox. Sign up for NBC Boston’s newsletters.
Copyright Boston Business Journal