Wednesday, May 25, 2005

Housing Sales Softened in Massachusetts

Although US housing sales were strong nationally, Massachusetts reported that sales were down 10.4% on a year-over-year basis.

[“While low mortgage rates and an improving jobs picture boosted US housing sales to an unexpected record in April, sales softened for Massachusetts single-family homes, according to reports released yesterday. Local real estate agents blamed the weather.

The number of single-family homes sold was 3,658, down 10.4 percent from April 2004. It marked the first year-to-year double-digit percentage decline since April 2003, the Massachusetts Association of Realtors reported.”]

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