Current Market Conditions: May 2014

Average Sale Prices* continued to rise across the Northeast through the end of May 2014, as compared to the same period last year. Pent-up buyer demand remains as eager buyers are willing to spend more when they find that perfect home.  Months of Supply fell, adding to the rise in average sale prices.  Although Unit Sales continue to decrease, an expected rise in buyer and seller confidence will cause sales to rebound.

To download the full report, please click here. To see all our Local Housing Data for every state in the Northeast, visit raveis.com and click Housing Data.

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*All data is based off of year-to-date numbers for single-family homes.

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