Business Briefs: Berkshire single-family home sales remain strong in August
Single-family homes sales remain strong in August
Single-family home sales in Berkshire County increased 14.2 percent in August compared to the same month last year, and have risen 19.4 percent overall this year, according to the Warren Group of Boston, which tracks state real estate transactions.
A total of 161 single-family homes were sold locally in August, compared to 141 in August 2015. Year-to-date, 935 single-family homes have been sold compared to 783 in 2015. The median sales price for single-family homes was 3 percent higher in August than for the same month last year.
Condominium sales in the Berkshires increased 37.5 percent in August as 22 were sold last month compared to 16 in August 2015. But total sales are down 4.4 percent for the year.
DPU reduces National Grid rate increase proposal
The Department of Public Utilities has reduced the rate increases proposed by National Grid late last year for its electric customers.
National Grid's initial request was reduced by 24 percent, or $32.2 million, from $133.2 million to $101 million.
Typical residential customers will pay approximately 17.2 percent less per month then those rates that were initially proposed by the company. The new rates went into effect Oct. 1.
BYP Social at Berkshire Mountain Distillers Oct. 13
The Berkshire Young Professionals will hold a networking social on Thursday, Oct. 13 at Berkshire Mountain Distillers, 356 South Main St., in Sheffield.
Admission is free for BYP cardholders, and $5 for non- cardholders. Information: Danielle Thomas, 413 499-1600, or email firstname.lastname@example.org.
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