The Warren Group reported Tuesday that there have been 5,732 single-family houses offered in August, a 9.9% drop from August 2021 and the fewest dwelling gross sales in any August since 2014. Meanwhile, the median sale worth is up 5.6% 12 months over 12 months to $565,000, a brand new all-time excessive for the month of August.
“Interest rates are rising, and the number of homes for sale is falling, which are two of the biggest factors that contributed to the decline,” Warren Group CEO Tim Warren mentioned of the August gross sales dip. “Add concerns about inflation, declines in the stock market and a weak economy and consumer confidence is taking a hit.”
Through August 2022 dwelling gross sales in Massachusetts totaled 35,636, an 11.3% lower in comparison with the primary eight months of 2021. Over the identical interval, the year-to-date median single household dwelling worth has elevated 7.8% to $555,000, in response to the corporate.
Walgreens to purchase the rest of Shields Health for $1.4B
Walgreens is spending almost $1.4 billion to purchase the remaining stake in Shields Health Solutions it doesn’t already personal because it pushes into the fast-growing specialty pharmacy enterprise.
The drugstore chain hopes to shut on the rest of the corporate by the tip of the 12 months. Walgreens began constructing a minority funding within the privately held Shields in 2019 and that stake reached about 70% final 12 months.
The 10-year-old firm helps well being techniques arrange and run specialty pharmacies, which handle medicines for individuals with complicated and persistent medical situations. Shields, based mostly in Stoughton, simply south of Boston, works with almost 80 well being techniques that characterize about 1,000 hospitals nationwide.
Source: www.bostonherald.com”