At the beginning of 2023, I made a very public prediction about how the Boston housing market would perform in 2023. As I expected, the market bounced back quickly from its dip, largely due to the advantage sellers continued to have over buyers in Boston's housing market.

Looking at the midyear 2023 Boston real estate market data, the rebound provides an interesting example of how housing inventory, mortgage interest rates, and homeowner equity can influence property values, even during periods of economic uncertainty.