October 2014 New England Housing Report
Natick, MA – November 17, 2014
– The New England housing market experienced a year-over-year sales increase of 6.5% and a month-over-month sales increase of 3.5%.
Pending sales showed an uptick of 9.3% over October 2013, with month-over-month figures representing an incredible 65.7% increase over September 2014*.
Across New England, every state in the region showed solid year-over-year sales increases with the state of Maine in the lead, up 25.4% over 2013 numbers.
We’re excited to see an increase in sales across the region this month,” said Dan Breault, EVP/Regional Director of RE/MAX of New England. “Traditionally, this time of year represents a slow-down in the housing market, but with pending sales up almost 70% and pricing holding steady, New Englanders are starting to feel the effects of a more stable economy.