As we are more than halfway through the year, it is a good time to take a look at where the market is heading.  Results of the latest Home Price Expectation Survey by Pulsenomics indicate the panel feels home values nationwide will appreciate by 4.6% this year with an average annual appreciation of 3.5% over the next 5 years.  Specific to our market area, we still have plenty of inventory and, in most towns, sales are lagging behind last year.  This will keep prices lower for the time being.  However, in the larger picture, we continue moving forward towards a healthy and balanced real estate market. Newbury – 77 Currently for Sale 1/1 -8/15/14                        16  Solds                 122 Days on Market (DOM) 1/1-8/15/13                         27 Solds                 144 DOM New London – 89 Currently for Sale 1/1 -8/15/14                        53 Solds                 156 DOM 1/1-8/15/13                         42 Solds                 159 DOM Sunapee – 80 Currently for Sale 1/1 -8/15/14                        27 Solds                 161 DOM 1/1-8/15/13                         32 Solds                 205 DOM Figures are based on information from the Northern New England Real Estate Network, Inc. for the period 1/1/13 thru 8/15/13 and 1/1/14 thru 8/15/14.