Home Sales Down, But House Prices Up

New Hampshire is seeing a slowdown in home sales, with more houses staying on the market longer, but that doesn’t mean prices have come down.  

According to the New Hampshire Association of Realtors, while sales of single-family homes were down by about 12% in August, median sale prices were up by 9%. Condo sales dropped by 7%, while prices rose by more than 26%. 

Experts said the slowdown is likely a consequence of the buying frenzy seen during the pandemic, as well as a rise in interest rates. 

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