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Home sales

Published
September 21, 2022

Maine home sales fell again in August, while prices rose, but market may be leveling off

The number of sales fell by double digits, and the median sale price increased by about the same percentage. Mortgage rates are climbing and could be a wild card.
Published
September 21, 2022

U.S. home sales slipped, prices grew more slowly in August

Sales of previously occupied U.S. homes slowed in August for the seventh month in a row.
Published
August 18, 2022

U.S. home sales fall for 6th straight month – a positive sign for buyers

Homes are still selling quickly on average, but many sellers have had to become more flexible on their asking price.
Published
August 11, 2022

Mortgage rates jump on strong employment and inflation data

The inflation data may cause the Federal Reserve to moderate its rate hikes.
Published
July 20, 2022

U.S. home sales fell in June as prices reach new heights

After climbing to a 6.49 million annual rate in January, sales have fallen to the slowest pace since June 2020, near the start of the pandemic.

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Published
June 21, 2022

U.S. home sales slow for the 4th month as prices enter unprecedented territory

The average rate on a 30-year home loan climbed to 5.78% last week, the highest its been since November of 2008 during the housing crisis.
Published
May 19, 2022

April home sales fell 21% in Maine, but prices went through the roof

The limited selection of homes on the market last month sold for 25% more than in April 2021.
Published
April 20, 2022

Maine home prices keep rising while limited inventory slows sales

The real estate market figures for March show a continuation of the pattern in sales and prices caused by a tight supply of homes on the market.
Published
March 18, 2022

Maine home sales fell sharply in February while prices jumped 21%

Sales statewide fell to 878 units last month from 1,062 in February 2021, a decrease of more than 17%.
Published
March 18, 2022

February home sales fall nationwide amid higher mortgage rates, prices

Sales declined 2.4% from February 2021 as the median home price jumped 15% from last year at this time to $357,300.