New Hampshire Business Newsreel
NH home sales rise 4.2 percent
New Hampshire experienced a 4.2 percent increase in home sales year over year in February, according to data released Wednesday by Re/Max of New England.
The state's median home price jumped 8.8 percent to $185,000, up from $170,000 this time last year.
For the first time in months, median prices are increasing instead of staying flat year over year in New England, Re/Max reported. Vermont saw the largest increase in median price, followed by Massachusetts, New Hampshire and Rhode Island. In addition to median prices, units sold and pending sales are also up, while inventory is down 20 percent, year over year.
"Sellers are still a little reluctant to list their home, forcing inventory to decrease as sellers wait for the temperature to rise and spring to set in," said Dan Breault, executive vice president and regional director of Re/Max of New England. "The New England market is starting to see median prices uptick, as buyers are in bidding wars for the limited properties on the market."
Six companies receive job training grants
CONCORD - Job Training Fund grants totaling more than $151,000 will be used to train 246 workers in new skills, Gov. Maggie Hassan's office announced Wednesday.
Six companies matched the awards, bringing the total funds for training workers to more than $302,000.
Altronics Manufacturing of Hudson will train 15 workers in QSL, sales and customer service after receiving a $3,690 grant and matching it with company funds.
Substructure Inc. of Portsmouth received a grant of up to $12,912.74 for training seven employees in hydrographics, project management, heavy equipment, welding and crane operation using Mosiac, New Horizons and others as trainers.
Hutchinson Sealing Systems Inc. of Newfields received a grant of $20,316.30 and will train 10 workers in tool and die, machinist, electrical and other courses using Great Bay Community College, UNH and other trainers.
Alene Candles LLC of Milford received a $64,772.50 grant and matched it to train up to 158 employees in computer and systems training, LEAN Six Sigma, leadership, supply chain management and workplace compliance using N.H. Manufacturing Extension Partnership and others for trainers.
PixelMedia Inc. of Portsmouth received a $47,163.50 training grant and matched that amount to train up to 55 employees in web development, information technology, leadership, marketing, management and other subjects using a variety of trainers.
Associated Grocers of New England Inc. of Pembroke will have one employee trained for a CD-L using Lakes Region Community College as a trainer. The grant award was $2,345.
Companies interested in applying to the Job Training Fund should go to nhjobtrainingfund.org.
The Job Training Fund has awarded $5,635,284 in grants since October 2007, with employers contributing $8,218,136 for a total of $13,853,420 in new training for 16,824 New Hampshire workers.