The year 2023 concluded with a notable decrease in home sales, totaling 2,211 units over the course of the year. This figure marks a significant downturn of 11.6% from the previous year, signaling a challenging market landscape. Despite the decrease in sales volume, the more comprehensive annual average price of ...
Continue ReadingIn November 2023, the Real Estate Board of the Fredericton Area Inc. reported a robust total of 161 homes sold through the MLS® System, marking a significant 14.2% increase from the same month in 2022. However, home sales fell below the five-year average by 9.4%, yet surpassed the 10-year average ...
Continue ReadingIn September 2023, the Real Estate Board of the Fredericton Area reported a total of 171 homes sold through the MLS® System, marking a 19% decline compared to September 2022. These figures indicated that home sales were notably below both the five-year and ten-year averages for September, registering at 27% ...
Continue ReadingHome sales down 7.5% in August, as inventory drops In a recent report, the Real Estate Board of the Fredericton Area Inc. has revealed a snapshot of the housing market’s performance for August 2023, shedding light on the notable trends and challenges facing the region. During August 2023, a total ...
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