Neighbor News
Year-over-year sales increased by 1.0% according to The RE/MAX INTEGRA, New England March Monthly Housing Report
In Connecticut, the number of total home sale transactions were up 3.8% year-over-year and median price is up 4.8%.
The advent of spring inspired an uptick in home sales throughout New England. Month-over-month, home sales reected the spring market with an increase of 29% over February’s numbers. Year-over-year, home sales increased by 1% in the region with 10,311 recorded sales.
Across New England, median prices were on the incline. Almost every state in the region revealed modest price appreciation over March 2014’s gures. On average, home prices rose 3.7% year-over-year. Most notably, this is the second consecutive month New Hampshire experienced a 10.3% increase over 2014’s numbers. Pending sales across New England were up 9.2% year-over-year and 43.1% over February 2015’s numbers.
“This past winter was a challenge for the region’s housing market. However, we can expect to see stronger numbers each month as we get into the traditionally busy housing market season. It is encouraging that pending sales are climbing across New England.” Dan Breault, EVP/Regional Director of RE/MAX INTEGRA, New England.
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About RE/MAX INTEGRA
Since its inception in 1985, RE/MAX INTEGRA, New England has grown to over 200 oces and 2,700 sales associates throughout Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont, providing franchised residential and commercial real estate services to its franchisees and their real estate professionals.
Find out what's happening in Wiltonfor free with the latest updates from Patch.
RE/MAX INTEGRA, New England is owned by RE/MAX INTEGRA, a privately-held company headquartered in Toronto, Canada. RE/MAX INTEGRA is the largest sub-franchisor of RE/MAX, LLC worldwide, and represents 28,000 agents and approximately 30 percent of RE/MAX, LLC.
For more information about RE/MAX INTEGRA, New England or RE/MAX INTEGRA, visit the RE/MAX INTEGRA, New England blog at www.remaxne.com and follow us on Twitter at @REMAXNE. RE/MAX is proud to help raise millions of dollars and support local charitable organizations including Susan G. Komen for the Cure and Children’s Miracle Network Hospitals.
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