As we all know numbers can say just about anything and I won’t
put any spin but here is our findings from the latest numbers released by the
Saint John Real Estate Board.
Inventory is up and that’s good for buyers
Sales are up over last year and that’s good for sellers
Sales dollars are up and that’s really good for sellers but
we may have to wait a month or two to see if that is a trend or just a fluke.
Activity was nicely spread out over the various price
ranges.
Mortgage rates have gone down.
I think the simplest advice one can give is if you are
buying now is the time! If the price trend continues you may pay more in the
coming months. If you are selling make sure you are ready to be on the market,
you are priced right and realize you have lots of competition.
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