Another All-Time High for Massachusetts Pending Home Sales in May
WALTHAM, MA – June 12, 2013 – (RealEstateRama) — The Massachusetts Association of REALTORS® (MAR) reported today that more homes were put under agreement in the month of May than in any month since January 2004 when MAR began tracking this data. Condominium pending sales also hit their highest point in the nine years of tracking. Pending sales figures (also called homes under agreement) are a leading indicator of actual housing sales in Massachusetts for the following 2-3 months.