Housing Market Continues To Slow In Massachusetts

An increase in supply and decrease in demand has slowed sales in one of America's most expensive single-family housing markets.

1 minute read

April 26, 2006, 9:00 AM PDT

By Mike Lydon

"Single-family home sales and prices in Massachusetts fell 1.5 percent in March, capping a first quarter in which sales slowed dramatically from the previous year, according to a housing report released yesterday.

'Inventory is at record highs, so buyers are taking their time,' said David Wluka, president of the Massachusetts Association of Realtors. "They can pick among several houses so they don't feel the pressure."

FULL STORY: Housing slowdown deepens in Mass.

Wednesday, April 26, 2006 in The Boston Globe

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