In a recent meeting of the Joint Committee on Housing, the Massachusetts Association of Realtors (MAR) presented critical insights into the state's ongoing housing crisis. The committee's discussions highlighted the importance of accurate data and effective policies as Massachusetts grapples with a significant shortage of affordable housing.

The MAR emphasized the rollout of key provisions from a historic housing bill, particularly focusing on accessory dwelling units. These initiatives are seen as vital resources in addressing the state's pressing housing needs. The association reported a notable increase in housing inventory, with April 2025 figures showing 6,058 single-family homes and 3,732 condos for sale—an 8.5% and 15% increase, respectively, compared to the previous year. This marks the second consecutive month of year-over-year inventory growth, a positive sign amid ongoing supply challenges.

Despite this increase, the median sales price for single-family homes has surged to $665,000, reflecting a $65,000 rise since April 2023. The MAR's housing affordability index revealed that the median household income in Massachusetts is only 48% of what is needed to qualify for a median-priced home, indicating a severe affordability crisis. The last time homes were deemed affordable was in January 2020, and the index has shown a decline in affordability since 2012.

The MAR underscored the need for a long-term commitment to zoning relief and increased resources for homeowners, acknowledging that meaningful change requires sustained effort. They commended the legislature's dedication to addressing the housing crisis through sound policy decisions and investments.

As the committee continues its work, the MAR expressed eagerness to collaborate on solutions that will help alleviate the housing shortage. The discussions from this meeting reflect a growing urgency to tackle the challenges facing Massachusetts' housing market, with stakeholders advocating for comprehensive strategies to ensure that housing remains accessible for all residents.