Windermere Blog | Category: Hawaii/Maui Real Estate Market Update

August 14, 2019

Hawaii/Maui Real Estate Market Update

Posted in Hawaii/Maui Real Estate Market Update by Matthew Gardner, Chief Economist, Windermere Real Estate

The following analysis of select Maui real estate markets is provided by Windermere Real Estate Chief Economist Matthew Gardner. We hope that this information may assist you with making better-informed real estate decisions. For further information about the housing market in your area, please don’t hesitate to contact your Windermere agent.
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May 15, 2019

Hawaii/Maui Real Estate Market Update

Posted in Hawaii/Maui Real Estate Market Update by Matthew Gardner, Chief Economist, Windermere Real Estate

Hawaii’s economy continues to add jobs, but the rate of growth remains tepid. Over the past 12 months, the state added 3,200 new jobs, representing a growth rate of .5%. This lackluster growth may be due to the fact that the unemployment rate was a very healthy 2.7%. On Maui, employment growth dropped 2.2% year-over-year, and has been contracting for the past 14 months.
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February 18, 2019

Hawaii/Maui Real Estate Market Update

Posted in Hawaii/Maui Real Estate Market Update by Matthew Gardner, Chief Economist, Windermere Real Estate

Hawaii’s economy offered a mixed bag of growth in the fourth quarter of 2018. Employment declined 1.4% but the unemployment rate was a healthy 2.3%. Over the past year, the economy has shed 9,300 jobs, and annual job gains have been negative for the past three months. On Maui, employment growth dropped 1.9% and was negative for the whole of the fourth quarter. That said, there are 78,600...
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