economy: FREDERICTON REAL ESTATE REPORT FOR MONTH OF NOVEMBER 2009 - 12/16/09 06:30 AM
November definitely had some very attractive results from what we usually expect this time of year. The stablization of our economy is reflected in our real estate production. Listings have stopped the -17% freefall decline and only posted a -3% for the month of November. Hopefully, this trend will continue in December. Interesting that our decline in listings is still quite consistant year over year at -6% for November. I expect we will finish the year at an average loss of listing production in the -7% or -8% which is better than the -10% I predicted at the first of the Year.
November sales … (2 comments)

economy: FREDERICTON REAL ESTATE REPORT FOR THE MONTH OF OCTOBER - 11/05/09 10:52 AM
October posted a negative -18% in listing production for the month of October. This follows a-17% in listing production in the month of September. As bad as this looks it will help correct the overall reduction in sales per month. Thus, keeping the listings to sales ratio relatively at  the same spread so we might be able to stay in a prosperity market ( where there as many homes for sale as there are buyers for those homes ) which  will help ward off a buyers market. As much as this consistant lose of listings for September and October looks scary it … (0 comments)

economy: FREDERICTON REAL ESTATE MARKET FOR FEBRUARY 2009 - 03/04/09 08:37 PM
Let's look at what happened in the Fredericton Market in February 2009 and Year to Date
                                           
                                                2009           2008          %  OF DECREASE/INCREASE YEAR TO DATE      
Total listings for February             344             423                                - 19 %
Total listings YTD                        812             979                                - 17 %
Total Sales for  February              104             175                                - 41 %
Total Sales YTD                          185             295                                - 37 %
Total Dollsr Volume for February                                                           - 43 %
Total Dollar Volume YTD                                                                       -35 %
 
   As one can see the Fredericton Market is not only not improving, it has gone down from January's 25% decrease to a February  decrease of 43%. This gives an overall Year to Date decrease of 35%. … (8 comments)

 
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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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