Sales of single-family homes in December surged by 23% over 2018, boosting both sales volume and the median sale price to new highs in 2019. And demand is even higher.
home sales
Posted inBusiness, Local & State, News
November decline hurts Maine’s overall home sales in 2019
The state had been on track for a record year before single-family home sales dropped by nearly 8% last month from the same period in 2018.
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Posted inBusiness, Local & State
Prices of Maine homes continued to climb in October
Median prices rose 4.6 percent to $224,900, while the volume of sales ticked up only slightly over October 2018 sales.
Posted inBusiness, Local & State
Maine home sales set record in September
Sales of existing single-family homes increased by 11% from a year earlier, while the median home sales price increased by 6.4% to $228,750.
Posted inBusiness, Nation & World, News
U.S. new home sales climbed a healthy 7.1% in August
New homes sales increased to a seasonally adjusted annual rate of 713,000, up from a revised 666,000 in July.
Posted inBusiness, Local & State
Majority of home shoppers interested in Portland come from out of state
Many big-city dwellers, particularly millennials and those with a connection to Maine, are looking for more affordable areas such as Portland to settle down and raise their families.
Posted inBusiness, Local & State, News
Maine home sales set a record in 2018, and they’re not far off the pace this year
Through August, the total number of sales was less than 1% below the first eight months of 2018 – the state’s best sales year ever.
Posted inBusiness, Nation & World
Trump administration releases plan to revamp the housing market
A key component of the plan is to privatize Fannie Mae and Freddie Mac, which back half of the nation’s mortgages.
Posted inBusiness
Maine home sales flat, prices up slightly in July
The median sale price of existing single-family homes in Maine increased by about 2 percent compared with a year earlier.
Posted inBusiness
Maine home sales down, prices up in June
Sales of existing single-family homes in Maine fell by 7 percent in June from a year earlier, but the median sale price of homes increased by 5 percent.