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Downtown Boston's condo sales off sharply

The median sales price rose nearly 9 percent for units at luxury properties in Boston such as the Mandarin Oriental complex. The median sales price rose nearly 9 percent for units at luxury properties in Boston such as the Mandarin Oriental complex. (David L. Ryan/Globe Staff/File 2008)
By Jenifer McKim
Globe Staff / January 23, 2009

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Sales of condominiums in downtown Boston plunged in the last quarter of 2008 as inventory shrank, new data show. The decline substantiates anecdotal evidence that buyers and sellers are avoiding the market. (Full article: 253 words)

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