The MEREDA Index  



The Spring 2017 MEREDA Index
is supported by

Eaton Peabody


As a key economic indicator for Maine, the MEREDA Index measures the pulse of the stateís real estate industry. The MEREDA Index is the leading way our industry tracks changes in Maineís real estate markets. Itís a composite of nine measures reflecting activity in both new development and existing properties, in commercial and residential markets, as well as construction employment.

The Index is quarterly beginning in the first quarter of 2006 and this current edition covers the first quarter of 2017. For this most recent period, the MEREDA Index came in at 96.

The first quarter of this index came in at 95.70, showing only slight growth from the third quarter 2016 value of 95.67, but this was primarily due to a slowing of activity in the first quarter of 2017. In fact, the fourth quarter of 2016 was quite strong, with an Index of 98.04, the Indexís highest value since the first quarter of 2006. The index grew only 0.1% over the past six months, but it grew by 2.9% over the past year. The Index grew by over 7% over 2016, the strongest growth since the recovery from the recession began.

This edition of The MEREDA Index is supported by Eaton Peabody and SMRT.

Learn more by watching the following video.


For a hard copy, you may contact the
MEREDA office, or download our
digital version here


For previous MEREDA Index publications,
visit the Index archive.



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