May first and one third of the year is already past! Year to date to the end of April residential unit sales reported on MLS® for the municipalities of Moncton, Dieppe and Riverview remain at the lowest level since 2009.
My chart below illustrates year to date residential sales in the last six years. Unit sales are off for new construction more than existing dwellings in the metro Moncton area. As the Spring building season get underway, I expect builders are becoming anxious to move any inventory carried over from the last building season. There could be some good buys in new construction.
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