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September 7, 2011

Mass. Homes Under Contract Increase In August

Pending home sales in Massachusetts increased more than 7 percent from August 2010 to August 2011, according to the latest report from the Massachusetts Association of Realtors.

The number of single-family homes put under agreement for sale totaled 4,411 last month, up from 4,117 during the same month last year. August's increase is the fourth consecutive year-over-year gain in pending home sales.

Pending condo sales were also up, increasing 11 percent year over year.

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