Good News For The New England Housing Market

The RE/MAX of New England July Monthly Housing Report indicates more good news in the number of units sold and median price throughout New England. Overall, the number of units sold is up 19.7% year-over-year in New England. Month-over-month and Year-over-year, the median price continues to increase, with the exception of Rhode Island where pricing is still stabilizing. The number of pending sales is up on average 33.7% over last year, with some states, like CT,
experiencing more than 40% growth.

“Consumers understand the opportunities in the market and with interest rates still low, also realize that it’s less expensive to buy than to rent,” said Dan Breault, Executive Vice President, RE/MAX of New England. “In the upcoming months, I anticipate even more buyers moving off the sidelines and into the playing field.”

Data from RE/MAX.com

If you are considering buying or selling, or just plain curious to see what’s happening in your area of interest, start your search at the best real estate website www.DistinctiveHomes-NE.com

Noemi Cardoso
RE/MAX Welcome Home
Serving Westport, Dartmouth, Fall River, MA
Little Compton, Tiverton, RI and surrounding towns.
www.DistinctiveHomes-NE.com