The state’s residential real estate market is making a robust comeback with August home sales jumping 20% from the same month a year ago.
Sales of single-family homes in Massachusetts were up more than 20 percent in August when compared to the same month a year ago.
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The latest S&P/Case-Schiller home price index increased by about two percent in May compared with April.
There are new signs that the housing market is bouncing back.
New statistics show that statewide foreclosure activity in April jumped 47%, to some 1,750, for the highest level seen since the fall of 2010.
Two reports Tuesday indicate April single-family sales were up as much as 22% compared to the same month a year ago.
The state’s housing recovery is proving especially kind to sellers of high-end homes.
Mortgage interest rates are again at historic lows, falling to 3.83% this week, according to Freddie Mac.
A Burlington real estate company is paying close to $5 million for a 5,000 square foot retail condominium in the Back Bay.