The Warren Group
Sales of single-family homes in Massachusetts surged by double-digits last month when compared to October of last year according to two organizations that track the real estate market.
The Warren Group reported a 38 percent increase in home sales compared to November 2011, and a 2 percent hike in median prices.
Sales of single-family homes in Massachusetts jumped by more than 20 percent in October when compared to the same month last year, more evidence of a market recovery.
Two organizations that track the Massachusetts real estate market say sales of single family homes remained healthy in September in part because of stabilized prices.
Foreclosures in Massachusetts have hit their lowest level of the year. That’s according to the Warren Group, the publisher of Banker and Tradesman.
The Massachusetts housing market posted strong sales gains in June while prices remained largely unchanged from a year ago, according to two new reports on Tuesday.
Two reports Tuesday indicate April single-family sales were up as much as 22% compared to the same month a year ago.
There’s new evidence that potential home buyers are feeling more confident about the economy.
The Massachusetts housing market continued to struggle in April with sales and median prices both down from the same month last year, although the numbers were up when compared to March.
The number of completed foreclosures in Massachusetts increased 32 percent in 2010 compared with the previous year, and an expert is sounding a cautious tone for the year ahead.