November 2014 New England Housing Report
Natick, MA - December 18, 2014- The New England housing market experienced a seasonal year-over-year sales decrease of -8.0% and a month-over-month sales decrease of -25.4%.
Pending sales were up 5.8% over November 2013, while month-over-month figures declined -20.4% over October 2014.
Across New England, median prices rose year-over-year in every state except Maine, which was down -1.0%. Month-over-month, prices held steady, increasing 0.5% on average.
"We expect to see home sales trailing off in the fourth quarter as we get into these cold winter months," said Dan Breault, EVP/Regional Director of RE/MAX of New England. "The good news is that prices are holding steady across the region and homes are staying on the market fewer days than a year ago."
To read the entire report, click here.
About RE/MAX of New England and RE/MAX Integra
Since its inception in 1985, RE/MAX of New England has grown to over 200 offices 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.RE/MAX of 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 of New England or RE/MAX Integra, visit the RE/MAX of 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.
For more information, contact:Stacy McNary
Public Relations & Communications Manager
RE/MAX of New England
8 Strathmore Road
Natick, MA 01760
December 18, 2014