RE/MAX of New England Releases September 2014 Housing Report- Grafton News

The New England housing market experienced a year-over-year sales increase of 0.6% and a month-over- month decrease of -15.8%. Pending sales showed a solid uptick, rising 37.2% over September 2013, with month-over-month figures representing an 11.3% increase over August 2014. Across the region, every state showed year-over-year sales increases except for Massachusetts, which was down -2.9% over September 2013 figures.

“We expect to see monthly sales numbers declining as we move into fall,” said Dan Breault, EVP/ Regional Director of RE/MAX of New England. “However, pending sales continue to show double-digit increases month-over-month and year-over-year, and homes are staying on the market fewer days over this time last year. All of this points to a stable housing market.”