The pandemic "bounce" in our real estate market seems to be continuing unabated. As of April 1st pending sales for the month of April have already exceeded previous years. You can be sure in the coming days more unconditional pending sales with April closings will be reported. What's it like in y
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04/01/2021
In our Atlantic Canadian Province of New Brunswick, it should be no surprise that we are experiencing a SELLER'S market in real estate. The chart above clearly shows the New Brunswick real estate market over the last few years has trended in favour of Seller's.In 2020, after the initial shock of
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03/18/2021
Two charts below clearly illustrate the active listings versus sales situation in the greater Moncton residential real estate market. As Spring approaches, we are in seriously uncharted territory.Obviously Sellers have the advantage in the current marketplace. Will a surge in Sellers quell Buyer
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03/13/2021
You are a first time buyer and plan to purchase in 2021. Currently your local real estate market favors sellers; low inventory and strong sales.How can you protect yourself from Sellers' (and their agents) overpriced listings?First, never reveal information to the Sellers (or their representative
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02/17/2021
Time frame - Jan 2016 to Dec 2020 Major Areas include Dieppe, Moncton, Riverview, Rural Routes and "Outside" (all of Albert, Kent and Westmorland counties) Property type includes Detached and Semi - Detached Results calculated from approximately 19,000 listings Month 2016 2017 2018 2019 2020 J
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01/02/2021
The chart above illustrates strong second half sales of detached and semi-detached housing located within the adjoining municipalites of Dieppe, Moncton and Riverview. (sometimes referrred to a "metro" Moncton) These sales are all freehold ownership as I chose not to include our small condominiu
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12/30/2020
The chart above reflects the monthly ratio of list price vs sale (closed) price detached and semi-detached housing located within the adjoining municipalites of Dieppe, Moncton and Riverview. (sometimes referrred to a "metro" Moncton) These would all be freehold ownership as I chose not to includ
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12/30/2020
The chart above reflects the monthly number of closed sales of detached housing located within the adjoining municipalites of Dieppe, Moncton and Riverview. (sometimes referrred to a "metro" Moncton)Yes the second half of the 2020 housing market was indeed "warmer" than the first half. The chart
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12/29/2020
In the metro Moncton - Dieppe - Riverview real estate market the low inventory trend continues. In the chart above, one line historically illustrates the scarcity of active listings in our MLS System. The other line shows the months of inventory at the current level of sales. Two months of invent
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09/08/2020
Talk about low inventory of detached houses for sale in metro Moncton - Dieppe - Riverview ! The chart above illustrates the scarcity of active listings on our MLS System. Current real estate maket conditions definitely favor Sellers. Buyers are waiting for new listings to come on the market, som
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08/04/2020