Mass. home sales rise 35%, condos up 50%
May data suggest real estate market is finally recovering
The number of home sales in Massachusetts accelerated last month as more buyers took advantage of low interest rates and discounted prices. Single-family home sales increased by nearly 35 percent in May compared with the same period last year, marking the highest number of transactions in one month since June 2010, according to the Warren Group, a Boston company that tracks local real estate. Condominium sales fared even better, increasing by more than 50 percent in May.