EXIT Realty Associates's blog

December 2024 Real Estate Market Report: A Year of Growth and Balance

The southeast New Brunswick real estate market closed 2024 on a high note, showcasing impressive growth and evolving dynamics. December alone recorded a 21% surge in property sales compared to the same period last year, with 235 properties sold—a clear indicator of sustained buyer activity.

Year-to-Date Performance: Volume and Value on the Rise

For the entirety of 2024, a total of 4,000 properties were sold through the MLS® Board, reflecting a 6% increase in transaction volume year-over-year. More significantly, the...

November 2024 Real Estate Market Analysis: Shifting Trends in South-East New Brunswick

November 2024 brought a slight decline in sales activity for the south-east region of New Brunswick, with a total of 302 real properties sold. This represents a modest 3% decrease compared to November 2023. However, this dip in monthly sales does not overshadow the broader trends seen throughout the year.

Year-to-Date Performance: Growth Amidst Challenges

Despite the decline in November, the year-to-date performance tells a different story. By the end of November, a total of 3,774 properties had been...

Greater Moncton Real Estate Market Update – October 2024

As we review the Greater Moncton real estate market, the numbers from October 2024 reveal interesting dynamics in the local housing sector. Despite a slight decrease in monthly sales compared to last October, the market has shown resilience and even growth in other key areas. Here’s a breakdown of the October performance and year-to-date highlights.

Monthly Sales and Year-to-Date Performance

In October 2024, there were 331 properties sold in Greater Moncton, a slight 3% decline from the 342 sales recorded in October 2023....

In September 2024, the real estate market in southeast New Brunswick demonstrated notable growth, marked by an 8% rise in overall sales compared to the same month last year. A total of 359 properties were sold, reflecting a 8% increase over September 2023. More importantly, year-to-date sales reached 3,188 properties, an increase of 10% over the same period in 2023. However, it is the 12% rise in the total dollar value of sold properties that suggests a deeper shift, driven by both higher sales volumes and appreciating property values.

The average price of a home in the region for...

In August 2024, the real estate market in the southeast region of New Brunswick experienced a notable shift. Sales volume for the month saw a 10% decline compared to August of the previous year, with 370 properties sold. Despite this dip, the year-to-date performance tells a more complex story. A total of 2,829 properties have been sold through the MLS® Board in 2024, marking a 4% increase in sales volume. Even more significant is the 12% rise in the total dollar value of these transactions, indicating that while fewer homes may be selling in certain periods, the overall market value is on...