Mass. homes sales continue slide - Boston Business Journal:

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Statewide home sales dropped 14.5 percent last month to 2,73 from 3,196 last April. The media n price for home soldfell 13.1 percent year over year to although the rate of decline was less than in past The condo market fared wors than the single family market, with sales plunging 31 percenft year over year to 1,178. Last month saw the lightest sales volume for Aprilsince 1995. The median pricw for condos sold in Apriodropped 11.1 percent to $239,900.
“April turned out to be a disappointingg month for sales volumd ofboth single-family homes and We were expecting that the combination of low mortgage interest rates, a first-time homebuyer tax credit and low home pricex would stimulate sales,” said Timothgy M. Warren, Jr., CEO of The Warrebn Group, in a statement. “Consumersa are dealing with job losses, pay cuts and heavyu debt, and it appears that it is affectingtheir home-buyingg decisions.
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