Sunday, February 7, 2010

BOSTON HOUSING NEWS: Pending home, condo sales up in Jan.

The number of Bay State single-family homes put under sales agreement in January was up 8 percent over the same time last year, the Massachusetts Association of Realtors said yesterday.

“January marks the seventh straight month that the number of both single-family homes and condominiums put under agreement had increased over the year before,’’ the association said.

The group said 2,791 single-family homes were put under agreement last month, up 8 percent from 2,576 homes in January 2009 and up 1.7 percent from 2,743 homes in December 2009. According to the realtors, pending sales provide reliable information about where the real estate market is heading in coming months, and January’s figures show that the local housing market continues to move in a positive direction

Boston Globe February 3, 2010.

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