Prices are still rising, but at a slower pace than during the past two years, and mortgage rates fell slightly last month, according to data released Wednesday.
Maine Association of Realtors
Posted inBusiness, Local & State, News
October home sales in Maine show continuing decline and slower price growth
Sales volume was down, while prices were up. But for the second month in a row, the median sales price increase was in the single digits.
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Posted inBusiness, Local & State, Nation & World, News
Maine home prices rose again in September, but far less than usual
After double-digit leaps during previous months, the increase in home prices slowed. Real estate experts say the market appears to be cooling.
Posted inBusiness, Local & State, News
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.