Real Estate News from Popular New Brunswick Cities

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Real Estate News from Popular New Brunswick Counties

By Larry Estabrooks, 100% representation means NEVER DUAL AGENCY !
(Independent Real Estate Agent)
Comments 3
The pandemic "bounce" in our real estate market seems to be continuing unabated. As of April 1st pending sales for the month of April have already exceeded previous years. You can be sure in the coming days more unconditional pending sales with April closings will be reported. What's it like in y...

By Larry Estabrooks, 100% representation means NEVER DUAL AGENCY !
(Independent Real Estate Agent)
Comments 1
In our Atlantic Canadian Province of New Brunswick, it should be no surprise that we are experiencing a SELLER'S market in real estate. The chart above clearly shows the New Brunswick real estate market over the last few years has trended in favour of Seller's.In 2020, after the initial shock of ...

By Larry Estabrooks, 100% representation means NEVER DUAL AGENCY !
(Independent Real Estate Agent)
Comments 2
Two charts below clearly illustrate the active listings versus sales situation in the greater Moncton residential real estate market.  As Spring approaches, we are in seriously uncharted territory.Obviously Sellers have the advantage in the current marketplace. Will a surge in Sellers quell Buyer...

By Larry Estabrooks, 100% representation means NEVER DUAL AGENCY !
(Independent Real Estate Agent)
Comments 2
You are a first time buyer and plan to purchase in 2021. Currently your local real estate market favors sellers; low inventory and strong sales.How can you protect yourself from Sellers' (and their agents) overpriced listings?First, never reveal information to the Sellers (or their representative...

By Larry Estabrooks, 100% representation means NEVER DUAL AGENCY !
(Independent Real Estate Agent)
Comments 2
Time frame - Jan 2016 to Dec 2020 Major Areas include Dieppe, Moncton, Riverview, Rural Routes and "Outside" (all of Albert, Kent and Westmorland counties)  Property type includes Detached and Semi - Detached Results calculated from approximately 19,000 listings  Month 2016 2017 2018 2019 2020 J...

By Larry Estabrooks, 100% representation means NEVER DUAL AGENCY !
(Independent Real Estate Agent)
Comments 2
The chart above illustrates strong second half sales of  detached and semi-detached housing located within the adjoining municipalites of Dieppe, Moncton and Riverview. (sometimes referrred to a "metro" Moncton) These sales are all freehold ownership as I chose not to include our small condominiu...

By Larry Estabrooks, 100% representation means NEVER DUAL AGENCY !
(Independent Real Estate Agent)
Comments 2
The chart above reflects the monthly ratio of list price vs sale (closed) price detached and semi-detached housing located within the adjoining municipalites of Dieppe, Moncton and Riverview. (sometimes referrred to a "metro" Moncton) These would all be freehold ownership as I chose not to includ...

By Larry Estabrooks, 100% representation means NEVER DUAL AGENCY !
(Independent Real Estate Agent)
Comments 2
The chart above reflects the monthly number of closed sales of detached housing located within the adjoining municipalites of Dieppe, Moncton and Riverview. (sometimes referrred to a "metro" Moncton)Yes the second half of the 2020 housing market was indeed "warmer" than the first half. The chart ...

By Larry Estabrooks, 100% representation means NEVER DUAL AGENCY !
(Independent Real Estate Agent)
Comments 1
In the metro Moncton - Dieppe - Riverview real estate market the low inventory trend continues. In the chart above, one line historically illustrates the scarcity of active listings in our MLS System. The other line shows the months of inventory at the current level of sales. Two months of invent...

By Larry Estabrooks, 100% representation means NEVER DUAL AGENCY !
(Independent Real Estate Agent)
Comments 2
Talk about low inventory of detached houses for sale in metro Moncton - Dieppe - Riverview ! The chart above illustrates the scarcity of active listings on our MLS System. Current real estate maket conditions definitely favor Sellers. Buyers are waiting for new listings to come on the market, som...

By Larry Estabrooks, 100% representation means NEVER DUAL AGENCY !
(Independent Real Estate Agent)
Comments 0
Active residential listings continue to be at historic low levels.Monthly sales remain in the normal range however active listings are in short supply. This will certainly favor Sellers over Buyers in the tri-community "metro" Moncton area. To be fully represented, Buyers as well as Sellers shoul...

By Georgie Hunter R(S) 58089, Maui Real Estate sales and lifestyle info
(Hawai'i Life Real Estate Brokers)
Comments 18
Loads of fun at the Hunter Brothers Farm and corn maze in Florenceville New Brunswick, Canada. We're up in Canada for a late summer vacation, when there's fewer bugs and the nights are cool.  This is a good time of year to be here, and not just because of the weather.  At this time of year there'...

By Larry Estabrooks, 100% representation means NEVER DUAL AGENCY !
(Independent Real Estate Agent)
Comments 1
Single family detached homes make up the majority of residential sales in the "metro Moncton" area (City of Moncton - City of Dieppe - Town of Riverview).Sale numbers of single family detached houses set new monthly records in the Spring/Summer of 2019. This occurred in spite of a historically lo...

By Larry Estabrooks, 100% representation means NEVER DUAL AGENCY !
(Independent Real Estate Agent)
Comments 1
Hot sale numbers of detached housing set new records in the Summer of 2019. In spite of the low inventory of listings, prices remain remarkably reasonable. And with interest rates for residential mortgages holding steady, the affordablity of housing in the city is outstanding. Now would be the ti...

By Larry Estabrooks, 100% representation means NEVER DUAL AGENCY !
(Independent Real Estate Agent)
Comments 3
OPEN HOUSE October 7 - 2018 from 2 - 4 pm at 264 Hennessey Rd, Moncton, New Brunswick First time on the market, owners started at $250k, now down to $220k: bedrooms upstairs - 5 full bathrooms upstairs - 2 square footage above grade - 2,133 garage - double (attached) square footage below grade - ...

By Larry Estabrooks, 100% representation means NEVER DUAL AGENCY !
(Independent Real Estate Agent)
Comments 0
"metro" Moncton  refers to three adjoining municipalities: the cities of Dieppe and Moncton and the Town of Riverview. Moving outward from that core of three municpalities is a surrounding band of unincorprated area: the "RURAL ROUTES". Next "OUTSIDE" includes many distinct communities such as Sh...

By Larry Estabrooks, 100% representation means NEVER DUAL AGENCY !
(Independent Real Estate Agent)
Comments 0
I could certainly offer my own 10 reasons why the greater Moncton area is a great place to live. Which I might do in a future post. In this post however I would like to praise Nathalie Rivard for her wonderful article of May 23rd posted in Trends & Insights on www.realtor.ca. I urge those who are...

By Larry Estabrooks, 100% representation means NEVER DUAL AGENCY !
(Independent Real Estate Agent)
Comments 2
Looking back to last year, my pie chart illustrates that one level and two or more storey detached homes were the most popular choices in housing styles reported sold on the "metro" Moncton area (the adjoining municipalities of Dieppe, Moncton, & Riverview). These two styles accounted for just ov...

By Larry Estabrooks, 100% representation means NEVER DUAL AGENCY !
(Independent Real Estate Agent)
Comments 0
OPEN HOUSE SUNDAYAPRIL 22 / 2-4 PMIs it ime to move up to a larger or perhaps newer home? Here's a lot of house for the money!  *For a full description of this property, driving directions and neighbourhood demograhics including education, languages and occupations:CLICK HEREI hope to see you at ...

By Larry Estabrooks, 100% representation means NEVER DUAL AGENCY !
(Independent Real Estate Agent)
Comments 0
Moncton, New Brunswick is a small but vibrant region with the lowest price for benchmark single family homes as represented in this Canadian infographic. You may learn more about the MLS® Home Price Index at the Canadian Home Price Index web site In 2014, for the second consecutive time KPMG rank...

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