BOSTON—The latest residential home and condo sales figures for Greater Boston point to a continuing strong market going forward. In addition, the rental apartment sector also remains robust despite the plethora of new product coming on-line.
The Greater Boston Association of Realtors released sales statistics for the single-family and condominium markets in July on Monday. The GBAR reports that both respective housing sectors enjoyed significant sales increases last month as compared to a year earlier.
Sales rose 10.6% in the condo market last month, climbing from 1,196 condominiums sold in July 2014 to 1,323 this July. The July 2015 condominium sales total was the second best on record for the month of July, exceeded only by the 1,354 condos sold in July 2005, and the ninth busiest month all time for condo sales in the metropolitan Boston area.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
