cmhc: Tipping the Scales to a more Balanced Market in St. John’s, NL – Third Quarter 2007 - 10/30/07 07:31 AM
The third quarter Multiple Listing Trends for Newfoundland are in.  After a tumultuous beginning to the year, it looks like we are beginning to see the "balanced" market all Realtors hope for; a well priced home selling within a reasonable time frame to qualified buyers.  Nirvana!
Residential sales were at record highs with an increase in volume of 26% over last year at this time.  More good news is in store for sellers as their property values have increased on average to 8.6% for a single residential dwelling over the same period last year - $140,779 to $152,939.
With a good supply of … (0 comments)

cmhc: It's Here....MLS Trends for the First Quarter 2007 - Newfoundland & Labrador Association of Realtors - 04/19/07 11:30 AM
The MLS Sales Activity Report for the Eastern Region of Newfoundland and Labrador is out and, drum roll please, looks like first quarter residential sales are up over the same time last year.  Exhale. 
Fortunately for buyers but unfortunately for sellers the market has remained flat during the quarter will little to no increase in prices of average residential housing.  The market is firmly in Buyers hands with price growth to be minimal through the remainder of the year.  Good for some, not good for everyone.
So they've said it - its a Buyers Market with a sustained increase in listings.  Translated that … (0 comments)

 

Denise Brophy

ABR ePRO CERC

St Johns, NL

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Re/Max Realty Specialists

Address: 40 Aberdeen Avenue,, St. John's, NL, A1A 5T3

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