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REGIONAL SPOTLIGHT—The RE/MAX of New England September Monthly Housing Report shows the region experienced an increase in home sales for the third consecutive month. It also shows year-over-year sales for the region are up 3.5%, which is an encouraging sign.

• In Connecticut, home sales ticked up +1.0% from September 2010, but the median price did see a slight dip, at -4.7%.

• In Maine, home sales were up +6.6% over September 2010, but the median price did see a slight dip, down -5.8%.

Massachusetts was the only New England state to see a decline in sales compared to September 2010, at -2.1%. However, the Bay State experienced a +2.9% increase in median price.

New Hampshire experienced a double digit increase in home sales compared to September 2010, up +10.4%.

Rhode Island home sales were up 24.1% compared to September 2010. That was the largest year-over-year increase experienced by any New England state.

Vermont was the only state in New England to experience a year-over-year increase in both units sold, +11.7% and median price, +6.4%.

RE/MAX of new England Executive Vice President Jay Hummer says he is pleased to see steady growth, both month-over-month and year-over-year.

For more information, visit www.remax-newengland.com.

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