MA: August Home Sales Rose in August 2011 Over 2010

Massachusetts Gay Real EstateHousing sales in Massachusetts rose last month compared with August 2010 as more buyers waded into the struggling local real estate market, data released yesterday showed.

Single-family home sales hit 4,203 last month, a 15 percent increase from last August, according to Warren Group, a Boston company that tracks local real estate data.

But the figures are actually less dramatic because they were matched against totals from August 2010, the slowest August for Massachusetts real estate sales in 20 years, Warren representatives said. Last summer, home sales slowed dramatically following the expiration of the federal home buyers’ tax credit, which earlier in 2010 gave people motivation to buy.

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