Data shows more condo inventory and slightly lower prices in the state, but experts are only cautiously optimistic.
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After years of soaring prices and scarce options, Massachusetts condo buyers are finally seeing some relief with more inventory and slightly lower costs — but experts warn the state’s housing shortage remains far from solved.
“What we are starting to see is a shift in the market, and often it will start within the condo market,” said Sarah Gustafson, president of the Massachusetts Association of Realtors. However, she said, “We still have a housing supply shortage. There’s no question about that.”…