Mass. home sales slide 11% in a year – The Boston Globe – Boston.com – Business

Link: Mass. home sales slide 11% in a year – The Boston Globe – Boston.com – Business.

”We’ve got a flashing yellow light," Bill Wendel, owner of the Real Estate Cafe in Cambridge, said about April and May sales.

”Supply is going up, demand is going down, and we’re still at record-low interest rates. When these rates go up," he said, ”sellers are going to have trouble."

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