As we continue into Summer and our typical booming sales season things just keep getting better and better! Wow, we are sooo lucky in Fredericton, the city of Stately Elms. What a real estate haven!

Now for the facts. Our listings are averaging only a -3% drop and have been quite consistantly throughout the year. We should expect the same average drop for the rest of the year.

Sales in units has increased year over year from a -15% in April to a -13% for May. This should improve more as we move into June. Our dollar volume of sales has improved substantially year over year from -12% in April to only a -7% in May. That is almost a 50% increase in sales from month to month. The activity now is unprecedented in a global market now in a recession. The real irony is that June even expects to be better.

Housing has become everyones dream and just about eveyone imployed seems to be motivated to aquire that dream. As real estate agents lets help them achieve!

 
Posted by Phil Booker on 07/16/2009 04:49 AM   Comments (0)   Market Trends in the Real Estate Market Channel   market reports, mortgage, buyer, sellers  
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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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