The Warren Group, a Boston real-estate services firm, reported yesterday that sales of single-family homes declined 7.6 percent last year. That is much larger than the 3.5 percent drop in 2005 sales reported recently by the Massachusetts Association of Realtors in its year-end report.
The association’s data do not include private transactions, such as a parent’s sale to offspring, or sales by owners, or builders directly to buyers.
Hmmm. I guess that could be the reason. It’s not like the Realtor board has any reason to lie about the data, do they?
Complete article: Decline in housing sales grows steeper – New report shows a bigger drop-off than realtors’ (sic) data – by Kimberly Blanton, The Boston Globe