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State home sales decline in May

Tally hits 18-year low; prices drop 8.6% so far in '08

By Kimberly Blanton
Globe Staff / June 24, 2008

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The spring housing market is shaping up as one of Massachusetts' slowest ever. Home sales fell steeply in May, completing a three-month run of declines during the prime selling season for real estate. The number of single-family home sales that closed last month, 3,739, was the least for that month since the real estate downturn in 1990, according to Warren ... (Full article: 765 words)

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