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PublishedSeptember 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.
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PublishedSeptember 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.
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PublishedAugust 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.
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PublishedAugust 11, 2022
Mortgage rates jump on strong employment and inflation data
The inflation data may cause the Federal Reserve to moderate its rate hikes.
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PublishedJune 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.
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PublishedMay 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.
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PublishedApril 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.
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PublishedMarch 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%.
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PublishedMarch 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.
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PublishedDecember 22, 2021
Maine home sales fell in November while prices kept rising
A tightening supply of homes on the market is pushing prices up even as the number of transactions falls.
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