Below is a snapshot of what happened in the Fredericton market in the first seven months of the year.
Fredericton home sales post second-best July on record

Residential sales recorded by the Real Estate Board of the Fredericton Area Inc. totaled 276 units in July 2019. While this was a decrease of 19.3% from the monthly record set in July 2018, it was still the second-best month of July ever in the region.

On a year-to-date basis, home sales totalled 1,565 units over the first seven months of the year, an increase of 18.7% from 2018. 2019 is currently trailing only 2007, and not by much, putting it in the running to be a record year for sales activity.

The average price of homes sold in July 2019 was $186,424, down 5.6% from July 2018.

The more comprehensive year-to-date average price was $192,222, up 1.9% from the first seven months of 2018.