Massachusetts Housing Prices Hit Record High Last Month

Housing prices in Massachusetts show no sign of decreasing, hitting a record high last month. The median selling price for a condo rose 6.5 percent year over year in July to $555,000, according to a new report by the Warren Group, a real estate analytics firm. As a result, those looking to purchase a house in the state continue to show reluctance to buy, with sales down nearly 25 percent.

Housing prices in Massachusetts show no sign of decreasing, hitting a record high last month. The median selling price for a condo rose 6.5 percent year over year in July to $555,000, according to a new report by the Warren Group, a real estate analytics firm. As a result, those looking to purchase a house in the state continue to show reluctance to buy, with sales down nearly 25 percent.…