2012 Q1 Metro Moncton Real Estate Market Report

By
Real Estate Agent with Independent Real Estate Agent

The mild winter locally and low interests rates nationally made no difference in housing markey activity. First quarter residential unit sales reported on MLS® for the municipalities of Moncton, Dieppe and Riverview were the lowest in three years. Although posted today, April 1, this is no April Fools joke.

My chart below reveals the second lowest first quarter in the last six years. Unit sales were off for new and well as existing dwellings in metro Moncton. As the Spring building season begins, I expect builders are anxious to move their new house inventory carried over from last season.

2012 Q1 Moncton Real Estate Market Chart

Posted by

 

 Moncton real estate agent

Larry Estabrooks | cell: (506) 856-0202 (call or text) | send a message

licensed independent Real Estate Agent, REALTOR®

Moncton, NB, Canada

MonctonGuide.com   

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Comments (1)

Brian Madigan
RE/MAX West Realty Inc., Brokerage (Toronto) - Toronto, ON
LL.B., Broker

Larry,

Hopefully, things will speed up in the second quarter. The Toronto housing market is quite hot.

Brian

Apr 01, 2012 11:35 AM