FREDERICTON REAL ESTATE MARKET REPORT FOR THE MONTH OF SEPTEMBER - 10/21/09 09:23 PM
WELL FOLKS, SEPTEMBER IS UPON US AND THE CRACKS IN OUR PRODUCTION FOR 2009 ARE STARTING TO SHOW. BOTH IN LISTING PRODUCTION AND SALE PRODUCTION. LISTINGS POSTED A -17% REDUCTION FOR SEPTEMBER WHICH WIPES OUT OUR BEAUTIFUL INCREASE 16% IN AUGUST. BUT AGAIN, WE STILL SHOW A VERY CONSISTANT -4% YEAR OVER YEAR REDUCTION FROM LAST YEAR. LOOK FOR A GOOD OCTOBER LISTING FRENZY AND I BELIEVE A CONSISTANT -9% YEAR OVER YEAR BY DECEMBER END.
OUR SALES ON THE OTHER HAND WILL HAVE A MAJOR NEGATIVE CORRECTION IN THE LAST QUARTER OF THIS YEAR. POSSIBLY IN THE -10% TO -15% YEAR … (2 comments)

FREDERICTON REAL ESTATE MARKET REPORT FOR MONTH OF AUGUST 2009 - 10/21/09 08:18 PM
SURPRISE, SURPRISE! LISTINGS FOR AUGUST HAVE REDUCED A -16% DEFICIT IN JULY TO 0% IN AUGUST. THIS IS AN INDICATION THAT SALES FOR THIS FALL SHOULD BE QUITE STRONG. HOWEVER, MY GUESS IS THAT A STRONG LISTING MONTH  OF AUGUST SHOULD BE SHOWING A STRONG CORRECTION IN SEPTEMBER. WE WILL SEE. NEVER THE LESS, OUR YEAR OVER YEAR STATS SHOW A CONSISTANT -4%. NEXT MONTH IT SHOULD BE ABOUT THE SAME. OUR CURRENT LISTING PORTFOLIO IS STILL 2464 ACTIVE LISTINGS. THIS IS VERY CONSISTANT WITH PREVIOUS YEARS.
OUR SALES UNITS FOR AUGUST DID IN FACT HAVE THE EXPECTED FALL OF -9% … (0 comments)

 
Phil Booker (Booker Realty)

Phil Booker

Fredericton, NB

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Booker Realty

Address: 461 St. Mary's Street, Fredericton, 307 King's College Rd. , Fredericton, N.B., E3B 2E6

Office Phone: (506) 206-7500

Cell Phone: (506) 292-6726

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