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The market for single family homes showed little change in February compared to the month before.
Just about exactly the same number of homes changed hands from one month to the next. January’s total was 529 and February’s was 536. The median price in February fell about 7% to stand at 200,000 dollars.
Homes stayed on the market a few days less but on average, it still took about four and half months to sell a house. Coupled with low interest rates, this remains a good time for buyers.
The February unemployment rate was 7.1% for NH. This is one tenth of a percent higher than in January, seasonally adjusted. The number of unemployed residents increased by 670 over-the-month to 52,880. This was 11,970 more unemployed than in February 2009. From January 2010 to February 2010, the total labor force increased by 3,190 to 746,400. This was an increase of 3,790 from February 2009.