Newsletter 2023

Monthly Newsletter, Newsletter 2023, November 2023

October sales up 2.2%, but year-to-date sales down 13.4%

In October 2023, the Real Estate Board of the Fredericton Area Inc. reported a total of 184 homes sold through the MLS® System, marking a modest 2.2% increase (four sales) from the same month in 2022. However, home sales fell below the five-year average by 12.8% and were 1.8% below the 10-year average for October. […]
Monthly Newsletter, Newsletter 2023, October 2023

Fredericton home sales down nearly 20% year over year

In 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% and 14% below, respectively. On […]
Newsletter 2023, September 2023

Home 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 of 222 homes changed hands, as recorded by the MLS® System. This figure reflects […]
August 2023, Monthly Newsletter, Newsletter 2023

Fredericton Real Estate Sees 6.8% Rise in July Sales Amidst Year-to-Date Decline

The Fredericton real estate arena witnessed a substantial surge in home sales during the month of July 2023, as reported by the Real Estate Board of the Fredericton Area. The tally of units sold reached an impressive 219, signifying a noteworthy uptick of 6.8% when contrasted with the same period in the preceding year, July […]

Monthly Newsletter October sales up 2.2%, but year-to-date sales down 13.4% In October 2023, the Real Estate Board of the Fredericton Area Inc. reported a total of 184 homes sold through the MLS® System, marking a modest 2.2% increase (four sales) from the same month in 2022. However, home sales fell below the five-year average by 12.8% and were 1.8% below the 10-year average for October. […]

Monthly Newsletter Fredericton home sales down nearly 20% year over year In 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% and 14% below, respectively. On […]

Newsletter 2023 Home 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 of 222 homes changed hands, as recorded by the MLS® System. This figure reflects […]

August 2023 Fredericton Real Estate Sees 6.8% Rise in July Sales Amidst Year-to-Date Decline The Fredericton real estate arena witnessed a substantial surge in home sales during the month of July 2023, as reported by the Real Estate Board of the Fredericton Area. The tally of units sold reached an impressive 219, signifying a noteworthy uptick of 6.8% when contrasted with the same period in the preceding year, July […]

Monthly Newsletter Home sales drop by 7.7% in June Home sales in the Fredericton area experienced a moderate decline in June 2023, according to the Real Estate Board of the Fredericton Area Inc. A total of 286 units were sold during the month, reflecting a 7.7% decrease compared to June 2022. This figure also fell 9.1% below the five-year average and 1.5% below the […]

June Newsletter May 2023 Witnessed a Decline in Home Sales in Fredericton Area The Real Estate Board of the Fredericton Area Inc. has reported a decline in the number of homes sold through its MLS ® System in May 2023. A total of 268 units were sold, reflecting an 11.6% decrease compared to May 2022. The figures for home sales in May were also below the average of […]

April 2023 Sales drop as home supply remains low The number of homes sold in the Fredericton Area Inc. totaled 208 units in April 2023. This was a decrease of 28% from April 2022, according to the Real Estate Board of the Fredericton Area. On a year-to-date basis, home sales totaled 599 units over the first four months of the year. This was down […]

March 2023 Sales down 30.5 per cent in March as supply remains low It was a quiet end for the first quarter of 2023, as home sales dropped 30.5 per cent in March compared to a year ago, according to the Real Estate Board of the Fredericton Area. On a year-to-date basis, home sales also fell 24.8 per cent compared to the same period in 2022. A total […]

February Newsletter Home sales down 23.8% The number of homes sold through the MLS ® System of the Real Estate Board of the Fredericton Area Inc. totaled 115 units in February 2023, decreasing 23.8% from February 2022. Home sales were 17.9% below the five-year average and 10.2% below the 10-year average for the month of February. On a year-to-date basis, home […]

February Newsletter January 2023 stats are here! The real estate market has been wild in the last three years. But has the market shifted? We are just in the second month of 2023, and so far, statistics show at the end of January that the market balance was still in the sellers’ market territory. Home sales were down by 13.3% in January. […]

January 2023 2022 in Review: Sales Down, Prices Up