Home sales slow as prices continue to soar

5,266 single-family homes sold in Massachusetts in July, a 17.4 percent slowdown from July 2021. At the same time, the median sale price shot up 8.3 percent year-over-year to $585,000. Year-to-date, the 29,819 home sales in Massachusetts represents an 11.8 percent decrease from the first seven months of 2021.

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