Third Quarter Report for Single Families in Medford

•

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R

REMAXLeadingEdge

Medford third quarter housing report.

C O M P A R I N G Medford, MA

12&13
96

3rd Quarter
Housing Report
RE/MAX Leading Edge

4.3%
INCREASE

92

2012

AVERAGE DAYS ON
MARKET WENT DOWN BY

2013

26 DAYS

# OF HOUSES SOLD

2012

AVERAGE DAYS ON MARKET
50 Days

2013

24 Days

$374,750

MEDIAN SALE PRICE

2012

$412,000

2013

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Kohinoor Hinjewadi Phase 2, is Pune's newest luxury residential project offering meticulously crafted 2 and 3 BHK apartments. Nestled in the thriving locality of Hinjewadi, this project boasts contemporary design, world-class amenities, and seamless connectivity to IT hubs and commercial centers. Experience opulent living at its finest with Kohinoor Hinjewadi Pune. For More Info Visit:- kohinoor.developerprojects.in

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Mainstreet Equity achieves tenth consecutive quarter of double-digit growth in Q2 2024 Mainstreet posted our tenth consecutive quarter of double-digit, year-over-year growth across all key operating metrics in Q2 2024. Funds from operations (“FFO”) before current corporate tax increased 46%, near the fastest rate in Mainstreet history. Net operating income (“NOI”) rose 23%, same-asset NOI grew 17%, rental revenues increased 19%, and operating margins improved to 61%. Bob Dhillon, Founder and Chief Executive Officer of Mainstreet, said, “Our latest results yet again demonstrate the success of Mainstreet’s value-add business model, continuing our more than 20-year legacy of delivering non-dilutive organic growth to shareholders.” He added, “In this time of structural housing undersupply, Mainstreet remains a proud provider of affordable, quality, renovated living for middle-class Canadians.” We believe these highly positive results are consistent with the proven success of Mainstreet’s value-added business model. Since Mainstreet began trading on the TSX in 2000, we have expanded our portfolio from a handful of rental units to close to 18,000 units (YTD), allowing the Corporation to organically build a $3.2 billion asset base with no equity dilution . Over that period, Mainstreet has stuck to a countercyclical strategy of leveraging low cost of capital and our sizable liquidity position ($396 million) to acquire underperforming rental properties at attractive prices. Our solid operating performance and Q2 results are underpinned by a few distinct drivers that we believe will continue to create opportunities for Mainstreet’s continued 100% organic, non-dilutive growth. Visit https://www.mainst.biz/investors for more information.

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