Boston Real Estate for Sale

The Northeast recorded the worst home sales and price declines of all regions in the country in March, the National Association of Realtors said yesterday, as layoffs exert a drag on the area’s housing markets.

Northeast home sales dropped 20 percent last month from the year before, and median sales price tumbled 18 percent to $231,700. Nationally, sales of existing homes posted an unexpected decline, falling 4 percent in March from a year ago, without adjusting for seasonal factors. The U.S. median sales price slid more than 12 percent to $175,200.

Read the full story: CapeCodonline

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