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Business

Boston’s downtown condo market soared in 2012

Boston’s downtown condominium market soared in 2012, with the number of sales increasing dramatically and the median sale price reaching a record high, as prospective buyers battled over a shrinking housing stock.

Buyers closed deals on 3,324 condos in the city’s core neighborhoods last year, 28.9 percent more than in 2011, according to LINK, a Boston-based company that tracks the local condo market.

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