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% FOR AUGUST TO MAKE UP FOR OUR FANTASTIC MONTH OF JULY. THAT'S OKAY AS SALE UNITS YEAR OVER YEAR ARE CONSISTANTLY AT -4%. AGAIN, THE MONTH OF AUGUST IS DOWN -9% IN DOLLAR VOLUME AS EXPECTED. HOWEVER, THE YEAR OVER YEAR VOLUME IS UP 2% OVER LAST YEAR. WHICH IS FANTASTIC.

WHEN YOU LOOK AT THE VERY STRONG FREDERICTON MARKET WITH EMPLOYEMENT AT AN ALL TIME HIGH AND PLENTY OF INFRA-STRUCTURE PROJECTS HAPPENING ALL OVER THE PLACE WE CAN FEEL VERY CONFIDENT THAT 2009 IS DOING JUST GREAT.

INTEREST RATES ARE AT AN ALL TIME LOW, SO BUYERS TAKE ADVANTAGE OF THE WONDERFUL OPPORTUNITY TO INVEST IN HOME OWNERSHIP. YOU DESERVE IT!!!