Markets & Economy

Sales activity heats up New England

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Are you set up for success in 2016? Join 2,500 real estate industry leaders Aug. 4-7, 2015, at Inman Connect in San Francisco. Get Connected with the people and ideas that will inspire you and take your business to new heights. Register today and save $100 with code Readers. Takeaways: Year over year, there were 2,500 more sales in New England this June, an increase of 12.3 percent. Pending sales were up 21.6 percent over June 2014, reaching 19,966. Month over month, New England saw a 34.4 percent rise in sales volume, a 5.7 percent spike in median price and a 7.1 percent increase in pending sales. For New England, the summer months represent the peak for annual home sales activity. This year, the volume of recent closings and pending sales indicates the summer will noticeably outperform previous years. Year over year, there were 2,500 more sales in New England this June, an increase of 12.3 percent, according to Re/Max Integra’s recent June housing report. Pe...