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The Boston Globe

Business

Signs of recovery in latest Mass. home-sale data

Analysts say prices remained stable, while the number of single-family units sold rose steeply

A surge in home sales in November and strengthening property values are adding to a growing sentiment in the real estate industry that 2012 will mark when the housing market in Massachusetts officially­ began its recovery.

With the supply of available properties still thin, homes are selling quickly and prices are edging up, prompting real estate specialists to predict that the days of bargain prices for residences are likely to be over soon.

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