MASSACHUSETTS SALES UP NEARLY 25% FOR OCTOBER YEAR OVER YEAR!!

The total value of Massachusetts residential sales in October (single family and condos) were up 24.9% from a year earlier. This was the 9th month in a row that the total value of residential sales in MA were appreciably higher than the year earlier. 

Measuring total sales values against the same year earlier month eliminates seasonality and provides a more accurate picture of how sales are progressing.

(NOTE: THE HOME BUYER TAX CREDIT WAS IN PLACE FROM JAN 2009 THROUGH APRIL 2010 WHICH PROVIDED AN ARTIFICIAL SALES STIMULUS DURING THAT TIME FRAME)