Mass. Single-Family Home Sales Up 28% In March; Condo Sales Soar 33% From A Year Ago (Banker & Tradesman) - April 30, 2010

Sales of single-family homes and condominiums in Massachusetts surged by double-digit percentages in March compared to a year earlier, while prices for both also continued to rise, according a new report by The Warren Group.

"We're seeing a significant turnaround in the local housing market. Monthly home sales have been increasing year-over-year since last July and that has propped up the median selling price statewide," said Timothy M. Warren Jr., CEO of The Warren Group, publisher of Banker & Tradesman. "The homebuyer tax credit has been a wonderful impetus for the housing market. We hope that it has been a strong enough factor that consumers will continue entering the housing market."

Please click here to read the full article.