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More sales data on the Massachusetts real estate market from the Warren Group via Banker & Tradesman:
“Pent-up demand from buyers who were delaying purchases because of their concerns about the economy, low interest rates and the tax credit have helped push up sales,” said Warren. “But don’t be fooled by the recent gains in median prices. Home values have probably leveled out, but they have not increased much. The gains in median prices are due to consumers selecting more expensive homes this year.”