Jul 28, 2008 8:59 am US/Eastern
Mass. Home Sales Down Again
WALTHAM (AP) ―
Spring brought no reawakening for the housing market in Massachusetts.
The Massachusetts Association of Realtors said Monday that sales of single-family homes fell 13.7 percent in the second quarter of 2008, while condominium sales fell 23.6 percent from the same April-June period a year ago.
The median selling price for a single-family home was $334,900, an 8.5 percent decline from 2007.
The Warren Group, a Boston-based publisher of real estate data, reported Monday that Massachusetts had the fewest home sales over the first half of 2008 than in any six-month period since 1991.
The realtor group did say sales of single-family homes and condos have been rising on a month-to-month basis for the past four months and the number of listings are down from last year -- which could lead to more demand.
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