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The Boston Globe

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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