The MLS® sales facts for the City of Moncton in the first four months reveal:
- 2009 sales of existing housing is off to the slowest start in the last five years.
- 2009 sales of new housing is also off, but not as much.
- Mortgage interest rates are at historically low levels.
- There is a good selection of housing for sale in the city of Moncton listed MLS® :
156 - new construction
173 - less than 20 years old
239 - over 20 years old
So you may ask - Is it a good time for an individual to buy or sell? The answer is not simple and depends on a lot of factors. Feel free to contact me if you would like to discuss the local real estate market.