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Sales were up by 8% in September 2024 compared to the same month last year

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...

Sales were down by 10% in August 2024 compared to the previous year

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...

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