Saint John-Area Home Sales Still Dropping
The Saint John Real Estate Board says 152 homes were sold in the month of November. That’s a drop of nearly 39 percent compared to the record numbers reported in the same month of 2021.
The Saint John Real Estate Board says 152 homes were sold in the month of November. That’s a drop of nearly 39 percent compared to the record numbers reported in the same month of 2021.
Home sales in November were almost 14 percent below the five-year average.
RE/MAX expects more price growth in Atlantic Canadian markets and expects average residential sale prices to spike eight percent in Halifax
Despite the decrease, it was still the third-highest total for any October in history
As the market slumps a little, it’s no surprise homeowners are thinking twice about selling. But Halifax’s Domus Realty has teamed with local marketing agency Wunder to remind people it might still be a good time to sell.
Figures from the Saint John Real Estate Board show a total of 209 homes changes hands in September.
Real estate prices in Halifax dropped again in August, marking the fourth month in a row the price of a home in the city fell.
Home sales in Greater Moncton were down almost 26 percent last month compared to August 2021 with 316 units sold.