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Is the home sales picture actually improving?

There we were, enjoying a nice leisurely summer week, eking out a couple days of non-posting as August began.

And what happens?

Conflicting reports about the home-sales picture in Massachusetts.

As previously noted, the Massachusetts Association of Realtors reported that sales were down and prices up yet again across the state in June.

But the Warren Group later came out with slightly different numbers. Significantly, it showed a slight increase in sales in June, with accompanying price increases.

Are we reading the reports right?

Anyway, here’s what the Warren Group’s Tim Warren had to say:

Mortgage interest rates are lower than they were last summer and demand remains high as homebuyers seem to be overcoming the problems with low inventory. We could see more gains in sales volume in the big months of July and August.”

We definitely hope he’s right.

File under: Encouraging news, if true