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Year 2023 Witnesses Sharp Decline in Home Sales, Prices Show Modest Increase
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 homes showed a modest gain. […]
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November sales up but year-to-date sales down 11.8%
In 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 by 4.7% for the month […]
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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. […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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