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The Boston Globe


Home prices, sales on the upswing in Mass.

Both home sales and prices are surging in Massachusetts as a robust summer run in the state’s housing market ended in August with a double-digit increase in the median home price and most homes sold for that month in eight years, according to a report released Tuesday.

Home sales rose by almost 14 percent last month, making it the state’s best August since the housing market peaked in 2005, while the median price of a single-family home climbed nearly 11 percent, to $340,000, from $307,500 a year earlier, according to Warren Group, a Boston firm that tracks local real estate.

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