Real Estate News from Popular New Brunswick Cities

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Real Estate News from Popular New Brunswick Counties

By Larry Estabrooks, REALTOR®, Moncton, NB
(Licensed Real Estate Agent (Independent))
Comments 0
June 2015 Moncton area (overall) MLS® Home Price Index for a single family detached home increased 1.61 % from last month.However the HPI was down 2.1% from 12 months ago:The Home Price Index for single family detached housing in the municipalites of Dieppe, Moncton and Riverview has not followed...
By Larry Estabrooks, REALTOR®, Moncton, NB
(Licensed Real Estate Agent (Independent))
Comments 0
The May 2015 Moncton MLS® Home Price Index declined .16 % from April, 1.04 % from February, 2.68% from six months ago and and 3.44% from May 2014. Winter's snowbanks had melted away and the weather in May was quite nice. The number of sales reported in May 2015 was very close to the number report...
By Larry Estabrooks, REALTOR®, Moncton, NB
(Licensed Real Estate Agent (Independent))
Comments 0
If a move to the Moncton area is in your future and you are in a position to be a home owner then I have some news for you.It's a BUYER'S market in the Greater Moncton area real estate market. Within the municipalities of Moncton, Dieppe and Riverview the Home Price Index is well below its level ...
By Larry Estabrooks, REALTOR®, Moncton, NB
(Licensed Real Estate Agent (Independent))
Comments 0
 The May 2015 Moncton MLS® Home Price Index for a single family detached home declined .4 % (overall) from last month and 1.51 % (overall) from three months ago.  The Home Price Index for single family detached housing in the municipalites of Dieppe and Riverview has not followed the same path as...
By Larry Estabrooks, REALTOR®, Moncton, NB
(Licensed Real Estate Agent (Independent))
Comments 0
My graph illustrates sales reported in the first five months of 2015 compared to sales in the first five months of the five previous years.Approximately six out of ten sales reported were located in the City of Moncton. The balance of sales were split between Dieppe and Riverview, though not quit...
By Larry Estabrooks, REALTOR®, Moncton, NB
(Licensed Real Estate Agent (Independent))
Comments 0
The February 2015 Moncton  MLS® Home Price Index declined 1.19 % from last month, 1.65 % from three months ago, 2.19% from six months ago and and 2.27% from February 2014.   The frequency and amount of this Winter's snowfall may have effected the Moncton real estate market. The real estate market...
By Larry Estabrooks, REALTOR®, Moncton, NB
(Licensed Real Estate Agent (Independent))
Comments 0
January 2015 HPI declines in all major areas Yes, all areas of greater Moncton declined from 12 months ago, 6 months ago, 3 months ago and last month. Note however the home price index for the City of Moncton showed the smallest decline from January 2014. Yes folks, it's a buyer's market in the g...
By Larry Estabrooks, REALTOR®, Moncton, NB
(Licensed Real Estate Agent (Independent))
Comments 0
     In 2014, the most popular housing style purchased in Moncton was the detached two storey style, followed closely by the detached bungalow. The next most popular choice was the semi-detached two storey. These three styles accounted for two out of every three single family housing styles purch...
By Larry Estabrooks, REALTOR®, Moncton, NB
(Licensed Real Estate Agent (Independent))
Comments 0
    My June residential real estate statistics graph for the entire Moncton area reveals: In 2014 sales reported were below average for June New listings entered in the system were above average Active residential listings at the end of June were at a record level My graph leads one to this conc...
By Larry Estabrooks, REALTOR®, Moncton, NB
(Licensed Real Estate Agent (Independent))
Comments 0
  The first half of the 2014 real estate market stats reveal that the number of residential units reported sold is down. Sales of new construction units  were very soft in the first half of 2014.  As we begin the second half of the year the number of active listings is at a record high level. Ou...
By Larry Estabrooks, REALTOR®, Moncton, NB
(Licensed Real Estate Agent (Independent))
Comments 0
To the end of May, the number of residential units reported sold has fallen to its lowest level in the last 10 years. Sales have retreated in all three municipalities, Moncton, Dieppe and Riverview. As we begin the last part of the Spring real estate market there is an abundance of properties li...
By Larry Estabrooks, REALTOR®, Moncton, NB
(Licensed Real Estate Agent (Independent))
Comments 1
The Victoria Day Long Weekend in Canada is celebrated the week before the Memorial Day long weekend in the United States. Here in Southeast New Brunswick the Victoria Day long weekend is often referred to as the "May Run" since our two local national parks open on the Victoria Day weekend for cam...
By Larry Estabrooks, REALTOR®, Moncton, NB
(Licensed Real Estate Agent (Independent))
Comments 0
Winter may have past but the chill is still on in the 2014 metro Moncton residential real estate market. Units reported sold this April were at the lowest level in many years. And believe me there is no shortage of properties listed for sale. This April thirteen units sold were new construction ...
By Larry Estabrooks, REALTOR®, Moncton, NB
(Licensed Real Estate Agent (Independent))
Comments 0
    Quality real estate service to clients is my pledge. One key element of my service is undivided loyalty. I promise single agency representation with undivided loyalty. The quality of my service is more important to my real estate clients than the volume of clients I might currently serve. If ...
By Larry Estabrooks, REALTOR®, Moncton, NB
(Licensed Real Estate Agent (Independent))
Comments 0
Metro Moncton residential sales reported almost unchanged compared to the first quarter last year Metro Moncton includes the municpalities of Moncton, Dieppe and Riverview My graph above illustrates first quarter sales since 2007 Reported sales of new dwellings is the smallest in recent years Re...
By Larry Estabrooks, REALTOR®, Moncton, NB
(Licensed Real Estate Agent (Independent))
Comments 0
  My March residential real estate statistics graph for the entire Moncton area reveals: March 2014 sales reported were slightly below the 10 year average New listings entered in the system were above the 10 year average Active residential listings at the end of March is at the highest level in ...
By Larry Estabrooks, REALTOR®, Moncton, NB
(Licensed Real Estate Agent (Independent))
Comments 2
  My February residential real estate statistics graph for the entire Moncton area reveals: February 2014 sales reported were the lowest in the last 10 years New listings entered in the system were the highest in the last 10 years The number of active residential listings at the end of February ...
By Larry Estabrooks, REALTOR®, Moncton, NB
(Licensed Real Estate Agent (Independent))
Comments 2
  Residential sales reported in the "metro" Moncton area - the City of Moncton, the City of Dieppe and the Town of Riverview My graph above illustrates the year-to-date end of February for the last 10 years. 2014 is off to the slowest start in the last 10 years 23 reported sales of new dwellings...
By Larry Estabrooks, REALTOR®, Moncton, NB
(Licensed Real Estate Agent (Independent))
Comments 1
My graph above illustrates sales reported in January since 2006. Below is my insight into what's going on behind the numbers. We've seen listings at an elevated level for over a year now. It appears we have reached a new "normal" for active residential listings on the market. This January, resid...
By Larry Estabrooks, REALTOR®, Moncton, NB
(Licensed Real Estate Agent (Independent))
Comments 0
   Disappointing is the word that best describes the fourth quarter sales activity in the urban areas of Moncton, Dieppe and Riverview. While the number of existing properties reported as sold was not far off the 10 year average, new housing sales were notably lower in the 4th quarter of 2013.   ...

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