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Pending home sales up 38% in March

By Chris Reidy

 |  Globe Staff  

  April 10, 2012

Preliminary figures suggest that the spring housing market in Massachusetts has gotten off to a good start. According to the Massachusetts Association of Realtors, the number of single-family homes put under agreement in March was up 38.8 percent compared to the same time last year. It was the 11th straight month of year-over-year gains, and the first time since June 2011 that pending sales have exceeded 4,000 homes. Last month, 4,519 single-family homes in Massachusetts were put under agreement.

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