Industry News

Multifamily real estate demand sinks in Massachusetts

Rising prices, condo conversions contribute to softening
Published on Apr 24, 2006

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by CareyBot

Sales of multifamily homes fell across Massachusetts for the first time in five years in 2005, declining 15.1 percent from a record 9,401 sales in 2004 to 7,980 last year, according to data compiled by the Massachusetts Association of Realtors. ...