Well, well, well things are improving as we see the Spring sales getting ever so gradually better and better. This is so typical of the Fredericton Market where each month from January to June we see gradual improvement quite consistantly year after year.

We can readily see that April sales volume has improved from a -16% in March to a -12% in April. Unit sales have increased from a -20% in March to a -15% in April. Listings are holding constant at a -3% month to month. This represents a very gradual slowing of our market so that it is not visable to the average consumer. In fact the decrease in our market is so subliminal that the unit price in Fredericton is still going up as the buyer here believes we are in a prosperity market.

Again, I believe this gradual increase in production will continue into June. Thus having our market end up with a -10% year over year. The residential market will continue to hold it's own, however, the commercial market is doing very well as we see many substantial buildings being erected as I write this.

So Folks, look for a continued market improvement as we approach summer. We still can see lots of opportunity out there for your main cliental, the " first time home buyer". Good luck and have a great summer.

Talk to you in May end.