St. John's Real Estate Market Report - 10/20/08 08:19 AM
Third quarter average Newfoundland MLS residential house price surged 19% to $182,306 compared to $153,053 during the third quarter of 2007, with additional price growth expected throughout the remainder of this year and next.  This third quarter surge comes after a stellar second quarter MLS stats. Average price is closer to $200,000 in St. John’s, Mount Pearl and Paradise.
MLS® sales advanced 11% to 1,695 units compared to last year’s third quarter sales of 1,529 units. The monthly break down for the third quarter:  July, August and September MLS® sales were 610, 541 and 544, respectively.

 
Unprecedented demand for … (1 comments)

 
Stephenwinters1

Stephen Winters

St Johns, NL

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