BOSTON—Home sales in Greater Boston as well as the Commonwealth of Massachusetts as a whole were robust last month, but were down sharply from record sales activity posted in July 2015.
The Greater Boston Association of Realtors and the Massachusetts Association of Realtors issued separate sales reports for the month of July that pointed to lower home sales volume and for-sale inventory and modest increases in the median price for a home, both in Greater Boston and statewide.
Home sales activity in Massachusetts mirrored national home sales in July. The National Association of Realtors reports that while sales exceeded expectations last month, they fell short of last year's robust sales levels.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
