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Single-family home sales and median home prices in Massachusetts continued to drop in May, according to a new report by The Warren Group, publisher of Banker & Tradesman. But the rate of decline in monthly median home prices moderated.
The number of foreclosures in Massachusetts declined by double-digit percentages in May compared to last year and the prior month, according to the latest report from The Warren Group, publisher of Banker & Tradesman. However, the number of foreclosure proceedings started by banks and other types of lenders swelled during the same period.
Sales of single-family homes and condominiums in Connecticut fell by double-digit percentages in April, according to a report released today by The Warren Group, publisher of The Commercial Record. Median prices for single-family homes also continued to decline in April, but not as sharply as in recent months.
The Rhode Island housing market got a bounce in April, with single-family home sales climbing 3.6 percent to 524 from 506 last year, according to a new report from The Warren Group. It was the first increase in monthly home sales, year-over-year, in two years.