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Mass. Pending Home Sales Up Again

Pending single-family home sales in Massachusetts rose 29 percent in June, compared to the same month in 2011, newly released figures show.

That's the 14th straight month of year-over-year pending sale increases, according to the Massachusetts Association of Realtors, which reported the data Wednesday.

As the association said in its release:

Pending figures are a leading indicator of actual housing sales in Massachusetts for the following 2-3 months.

The number of condominiums put under agreement was also up 29 percent last month, compared to June 2011 — again the 14th straight month of year-over-year increases.

This program aired on July 11, 2012. The audio for this program is not available.

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