April 2008 Housing Starts in Metro Moncton

• The Moncton CMA is the only New Brunswick area recording lower year to date housing starts with 59 singles and 83 multiples recorded.
  
  However, new homes sales reported on the GMREB MLS® are up 13% to the end of April, from 124 in 2007 to 141 in the first four months of this year.
  
  And there is currently over 200 new construction homes for sale although that inventory could dry up in the next four months.
  
  Will metro Moncton housing starts catch up in the next four months?
  I predict that they will.
  
  
  
  (preliminary figures provided by Canada Mortgage and Housing Corporation)

Year to Date April
 

225- - 202.5- - 180- - 157.5- - 135- - 112.5- - 90- - 67.5- - 45- - 22.5- - 0-
		Saint John			Moncton			Fredericton			Other
	2008
	2007

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Larry Estabrooks is an independent real estate agent in Moncton, New Brunswick, Canada

LarryEstabrooks.com

contact information: www.LarryEstabrooks.com/contact/