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Massachusetts home sales may be cooling, but condos still hot.
Knight Ridder/Tribune Business News, November, 2004
By Chris Reidy, The Boston Globe Knight Ridder/Tribune Business News
Nov. 24--Offering evidence of a possible shift in the housing market, the Massachusetts Association of Realtors reported yesterday that sales of single-family homes fell for the third straight month in October and that the number of homes and condos on the market is up 7.6 percent from a year ago.
The number of single-family homes sold in October fell 5.3 percent, the biggest year-to-year percentage decline since a drop of 7.6 percent in May 2003, when concern over the launch of U.S. military action in Iraq two months earlier still had consumers skittish about house hunting.
Still, the October median sales price for detached single-family homes jumped 12.4 percent...
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