Sales of Multi-Family Homes Fall

This article is more than 14 years old.

Multifamily homes in Massachusetts appear to be affected in the state's real estate slump.

The tracking firm the Warren Group reports sales of two-family homes dropped more than 23 percent in the first eight months of the year, compared with last year.

Sales of three-family homes fell by almost 30 percent during the same period.

The Warren Group blames a decline in new real estate investors.

This program aired on October 12, 2006. The audio for this program is not available.