FREDERICTON REAL ESTATE REPORT FOR MONTH OF JANUARY 2010

By
Real Estate Agent with Booker Realty

This fantastic winter with very little snow helped us get off to an amazing start for January 2010. Our listings are only down -1% for month of January. I expect that the listings will stay quite consistant throughout the first half of this year and remain around the 1% to 10% increase. This should bode well in us maintaining a prosperity market, it least in the first 6 months.

Sales are skyrocketing to an unprecedenting 41% in the first month of 2010. Wow, we never had it so good. Ironically, there seems to be no slowing down. It appears that sales will continue to remain at the 30%-40% mark throughout the first half of this year. Buyers as listings get scarcer properties will become more expensive so bounce into Spring and buy now before the price start escalating.

So vendors now is the time to sell. That means making the move now! Times will never be better to get the highest and best price for your home or investment property. We don't know what is going to happen in 2011 but this year is " Boom City ". Be smart act now, you will be glad you did!!!

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Topic:
ActiveRain Community
Location:
New Brunswick York County Fredericton
Groups:
Canada, eh
Tags:
real estate
market reports
market trends
interest rates
sales
listings
mortgagesmarket predictions

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Rainer
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Phil Booker

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