All six New England states once again showed encouraging growth in home transactions, according to the RE/MAX of New England April Monthly Housing Report.
Connecticut home sales increased 3.8 percent year-to-year, while median price remained relatively flat, down just -0.4 percent.
Home sales in Maine increased 7.6 percent year-to-year, and the median price rose 3.1 percent. For the second consecutive month, Maine and Massachusetts are the only New England states to see an increase in median price.
Massachusetts year-to-year home sales jumped 9.1 percent, and the median price rose 1.7 percent. Massachusetts, along with Maine, are the only New England states to enjoy median price increases for two consecutive months.
New Hampshire experienced the largest jump in year-to-year home sales, up 20.2 percent, while median price held relatively steady, down -2.7 percent.
Rhode Island once again experienced a double digit increase in year-to-year home sales, up 18.9 percent. However, the median price decrease of -5.8 percent is the largest in the region.
Vermont home sales increased 9.3 percent, while the median price declined a modest -3.7 percent.
RE/MAX of New England Executive Vice President Dan Breault says data also indicates a significant year-over-year increase in pending home sales, which is an indication that home sales will be strong this summer.
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