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New England Housing Market Experiences Slight Increase In Sales

 
By RE/MAX of New England - Last updated: Wednesday, February 15, 2012
 

The RE/MAX of New England January Monthly Housing Report shows that year-over-year, the number of unit sales in every state in New England, except Vermont, is slightly higher than January 2011. New Hampshire and Rhode Island experienced the highest change in units sold with an increase of 16.8% and 17.8%, respectively. While the number of transactions remain relatively flat, prices continue to dip in every state in New England.

“The slight uptick in sales is encouraging as it means buyers are active in the market, however, we are still trying to find a balance between buyer expectations and market realities when it comes to pricing,” said Jay Hummer, Executive Vice President, RE/MAX of New England.

To read the entire report, click here.