April 7, 2021 at 2:07 pm
As a key economic indicator for Maine, the MEREDA Index measures the pulse of the state’s real estate industry. The MEREDA Index is the leading way our industry tracks changes in Maine’s real estate markets. It’s 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 current MEREDA Index contains a measurement and presentation of the real estate market in Maine, and its various components for all of 2020. Dr. Charles Colgan, the economist who prepares the Index, will be on hand to discuss the three sectors of the Index, followed by a panel discussion between three experts in each of those sectors. Roccy Risbara of Risbara Bros. Construction Company will cover the construction market, Joe Dasco of Reger Dasco Properties will cover residential, and Cheri Bonawitz of Malone Commercial Brokers will cover the commercial market.
Join us on May 20, 2021 at MEREDA’s Virtual Spring Conference to learn more about this important economic indicator.
Categories: MEREDA News