Thursday, February 16, 2006

Cape Cod Home Sales Drop

Kimberly Blanton wrote an article in todays Boston Globe entitled "Cape Cod home sales fall in '05" subtitle "Buyers waiting for lower prices spur 14.5% drop"

The article states: Cape Cod's housing market was hit harder by declining prices than any other Massachusetts region, as buyers held back in hopes that prices for vacation homes would drop.

Sales of single-family homes on the Cape fell 14.5 percent, to 3,986 in 2005 from 4,633 in 2004, according to final, year-end figures released yesterday by the Association of Massahusetts Realtors, which include the first regional sales breakdown.

Source: Boston Globe


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