Latest Regional Business Headline
Mass. home sales make positive gains in October as prices also rise
The Massachusetts Association of Realtors (MAR) reported that single-family home sales went up slightly from the same time last year. It’s the first increase after eight months of decreases. Prices also increased in October compared to October 2013. “It’s definitely a positive sign to see home sales increase in October,” said 2014 MAR President Peter Ruffini, regional vice president at Jack Conway & Co., in Norwell. “Buyer activity and accepted offers continue to be strong, and we’ve seen inventory starting to increase in many market areas over the past several weeks – all the key ingredients to increased sales. We hope to see this continue into next month as well.” Read more here.
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