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Nov 15 2012

MA has 2nd biggest increase in home sales in October

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Good news Massachusetts!

Home sales are on the rise and for the 18th straight month, homes put under agreement were up over the same month last year.

This is the 2nd biggest increase in Massachusetts home sales since 2007. This news from the MAR Report:

Single-family pending home sales were up 35.9% compared to October 2011
This is the second biggest increase next to the final month of the home buyer tax credit in April 2010
Single-family month-to-month pending home sales were up 6.45% from September 2012
Condo pending home sales were up 42.99% compared to October 2011
Condo pending month-to-month home sales were up 6.56% from September 2012

While we still have some distance to cover in the housing recovery, these signs are good and things in Massachusetts real estate are looking better!

Written by Lesley Lambert · Categorized: Market Reports · Tagged: Massachusetts home sales

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