Mass. home sales rise 8% in Sept.
The Boston Globe - 10/26/2012
Sales of single-family homes and condominiums kept climbing in Massachusetts last month as more buyers decided to take advantage of historically low interest rates, according to numbers released Thursday.
There were 3,791 single-family homes sold in September, an 8 percent increase compared with the same month last year, according to Warren Group, a Boston company that tracks local real estate. Between January and September, single-family home sales rose nearly 22 percent compared with the same period in 2011.
Some local housing specialists are raising the possibility of a slowdown in sales over the next few months. Alan Clayton-Matthews, an economist at Northeastern University, said that an increase in the state jobless rate and the struggling economy could put a damper on the market.