Today we released our January 2012 pending home sales report and we are happy to report that for the ninth straight month single-family pending sales were up over the same time last year. Condominium pending sales were also up from last year. On a month-to-month basis both single-family pending home sales and condo pending sales were up from December 2011.
In other news, we feel that the foreclosure settlement between the states’ attorneys generals with the country’s top five lenders is a positive step for the housing market.
Read the release: Mass. pending home sales up in January
Here are the highlights:
- Single-family pending home sales were up 39.4% compared to January 2011
- Single-family month-to-month pending home sales were up 1.8% from December 2011
- Condo pending home sales were up 25.77% compared to January 2011
- Condo pending month-to-month home sales were up 0.66% from December 2011