Sales of detached single-family homes in Massachusetts reversed a five-month decline in March, climbing to their second-highest level on record for the month, the Massachusetts Association of Realtors reported this week. Across Massachusetts, sales of detached single-family homes increased 2 percent on an annualized basis, from 3,373 homes sold in March 2005 to 3,440 last month. Condominium sales improved 2.4 percent over the past year, from 1,691 units sold a year ago to a record 1,731 condos sold in March 2006. The modest gain in detached single-family home sales activity marks the first time in six months that sales have risen on a year-to-year basis, while condo sales have improved over year-ago levels for the last 26 consecutive months. Among the factors behind the market rebo...
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