Real Estate Market Inventory Shortage Not Surprising

Real Estate Agent with Independent Real Estate Agent FCNB LICENCE # 190089546

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 the Spring pandemic lockdown, the Summer brought a flood Buyers. And the steady stream of Buyers shows no signs of waning as we enter Spring 2021.

The inventory of listings remains at all time lows. Buyers would be wise to seek full representation in this market.

Comments (1)

Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em:

Great information, thanks for sharing.  Make it a great one.  Bill Salvatore

Mar 18, 2021 05:11 AM