New Hampshire Home Sales Up 21% in 2012

New Hampshire State HouseSingle-family home sales in New Hampshire increased by more than a fifth in 2012 from the previous year, a sign that buyers were taking advantage of flat prices and historically low interest rates, according to a new report on the New England housing market.

The RE/MAX of New England 2013 Housing Forecast found that in 2012, New Hampshire saw a 21.2 percent increase in single-family home transactions from 2011, and a 19.3 percent year-over-year gain in condo transactions. The number of multi-family home transactions, it found, also increased 2.2 percent.

“Buyers recognize that prices are not going any lower, so they have jumped into the market with both feet,” said Ann Cummings, a sales associate at RE/MAX By The Bay in Portsmouth.

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Authored By Kathleen Callahan – See the Full Story at NHBR

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