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The Boston Globe

Business

Value of Mass. homes, condos climbs in June

Tight supply, eager buyers push prices

Home values statewide continued to soar last month as limited inventory and eager buyers combined to push up prices.

The median cost of a condominium jumped to a record $320,000 in June, 3.2 percent above the June 2012 level and the highest monthly number ever for Massachusetts condos, according to data released Tuesday by Warren Group, a Boston company that has tracked local real estate since 1987.

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