The Maine Association of Realtors’ president said last month’s numbers suggest the state’s real estate market might be stabilizing.
home sales
Existing U.S. home sales fell in August; price growth slows
It’s the latest sign the housing market is cooling as intense competition leaves many would-be buyers on the sidelines.
Home sales in Maine dipped slightly in July, but prices kept rising
Despite a decline of about 5%, home sales were still above July 2019 figures.
Maine home prices shot up nearly 25% in June as hot market continued
Home sales are also still booming – last month they increased by about 14.7% over home sales in June 2020.
U.S. average mortgage rates continue to fall
Mortgage rates track a decline in yields on Treasury securities as the bond market continues to signal concerns over the strength of the pandemic recovery.
Homes sales in Maine remained strong in May
Median sales and prices were both up 28% over the same month last year.
U.S. existing home sales fall again as prices continue to soar
Sales of previously-occupied homes fell for the fourth straight month in May.
Maine home sales and prices continued their steep climb in April
Sales of single-family homes jumped 35.7% from April of 2020, when Maine was shut down by the pandemic.
March showed no signs of slowdown for Maine housing market
Sales prices and the number of homes sold soared across the state in the first three months of the year, which one housing market leader called ‘astounding.’
U.S. home prices soared in January by most in 7 years
Home sales have jumped in the past year, driven by a desire for more space among those Americans fortunate enough to keep their jobs.