Regional Spotlight—Across the region, the market experienced double-digit growth in the number of units sold month-over-month, and pending sales and home prices are up across the board.
In Connecticut, the number of total transactions is up 1.2 percent year-over-year, while the median price is up 1.8 percent.
Massachusetts held steady with a change of -0.7 percent in total transactions year-over-year. The median price increase of 7.7 percent is the largest year-over-year increase in New England.
In New Hampshire, home transactions increased 7.2 percent year-over-year, while the median price jumped 2.2 percent.
Rhode Island posted the largest year-over-year gains in total home transactions in New England, up 19.1 percent, while median price rose 2.8 percent.
Vermont experienced a boost in both total transactions, up 5.0 percent, and median price, up 4.2 percent, year-over-year.
For more information, visit www.remax-newengland.com.
Copyright© 2016 RISMedia, The Leader in Real Estate Information Systems and Real Estate News. All Rights Reserved. This material may not be republished without permission from RISMedia.
Content on this website is copyrighted and may not be redistributed without express written permission from RISMedia. Access to RISMedia archives and thousands of articles like this, as well as consumer real estate videos, are available through RISMedia's REsource Licensed Content Solutions. Offering the industry’s most comprehensive and affordable content packages. Click here to learn more! http://resource.rismedia.com