According to the RE/MAX of New England May Monthly Housing Report, the market continues to strengthen across much of New England. Year-over-year, Connecticut, Maine, and Massachusetts each posted important growth in median sales price, while every state but Rhode Island surged ahead in year-over-year home sales.
"This is evidence the New England housing market is strengthening," said Dan Breault, executive vice president, RE/MAX of New England. "For almost every state in our region, we are seeing properties on the market for fewer days month-over-month and year-over-year. With exceptionally low interest rates and fair prices, first-time buyers, flippers and investors stand to gain the most from purchasing a property."