The number of single-family homes put under agreement in December was up 5 percent over the same time last year, while condominiums were up 26 percent, according to the Massachusetts Association of Realtors(MAR).
December marks the sixth straight month the number of homes put under agreement had increased over the year before, according to MAR.
There were 1,248 condos put under agreement in December, up from 922 units in 2008. On a month-to-month basis, condos put under agreement were down 9.4 percent from 1,379 units in October.
File Under: What’s going on? Did we hit bottom?