Real Estate News

May 2023 Witnessed a Decline in Home Sales in Fredericton Area

By Josie Livingstone | Jun 15, 2023

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 […]

Sales drop as home supply remains low

By Josie Livingstone | May 16, 2023

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 […]

Sales down 30.5 per cent in March as supply remains low

By Josie Livingstone | Apr 18, 2023

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 […]

Home sales down 23.8%

By Josie Livingstone | Mar 13, 2023

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 […]

January 2023 stats are here!

By Josie Livingstone | Feb 17, 2023

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. […]

2022 in Review: Sales Down, Prices Up

By Josie Livingstone | Jan 31, 2023

Home sales continue to decline in November

By Josie Livingstone | Dec 26, 2022

The housing market has cooled off in November with sales down by 36.8% compared to the same period last year. There was a total of 144 units sold in November compared to the 228 units sold in November 2021. There were only 184 new listings added in November 2022, down 6.6% compared to the 197 […]

Home sales down 24% in October

By Josie Livingstone | Nov 21, 2022

Home sales continue to wane in October. A total of 177 houses were sold – a 24% decline compared to the same month last year. Home sales were 16.3% below the five-year average and 2.9% below the 10-year average for the month of October. On a year-to-date basis, home sales also dipped. A total of […]

September home sales dropped but it’s still a sellers’ market

By Josie Livingstone | Oct 26, 2022

The number of houses sold in the Fredericton area was down 35.9% in September 2022. This was a significant decline from September 2021, yet it was still one of the top three totals for the month of September in history. The number of new listings fell 12.2% from September 2021. There were 244 new residential listings in […]

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