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MEREDA schedules in-person forecast conference

Scheduled for Cross Insurance Arena in Portland, the conference will follow Centers for Disease Control health and safety guidelines. The conference will also be streamed online. ....

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MEREDA: Despite early pandemic drop, Maine's real estate activity grew in 2020

Sharp growth in residential sales and relative stability in the construction field during 2020 helped Maine s real estate industry weather a difficult year, experts said at a Maine Real Estate & Development Association conference on Thursday.
Those factors all contributed to the rise in the “MEREDA Index,” a measure of real estate activity designed to track changes in Maine’s real estate markets.
The index is a composite of seasonally adjusted measures reflecting new development and transactions involving existing properties and it covers both the commercial and residential markets statewide.
MEREDA unveiled the 2021 index Thursday morning at its spring conference.
The index is based on an economic analysis by Charles Colgan, professor emeritus of public policy and planning at the University of Southern Maine’s Muskie School of Public Service. ....

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Housing Supply, Lumber Costs A Challenge As Maine Real Estate Prices Continue To Increase

Housing Supply, Lumber Costs A Challenge As Maine Real Estate Prices Continue To Increase
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MEREDA annual forecast conference looks different, but focus is the same

The 2021 Annual MEREDA Forecast Conference & Member Showcase took on a different look this year, but with the same focus on its goals its had for the past 17 years, organizers said.
The conference, which usually attracts more than 1,000 real estate and development professionals from across Maine, took to the internet Thursday, and while no final registration numbers were immediately available, with a week to go, 500 had registered.
MEREDA Board President Josh Fifield acknowledged that no one would have to trudge through the snow to the Holiday Inn by the Bay in Portland to get to the conference. This year is different, he said. No trudging and, unfortunately, no being together in the room. ....

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