The MLS® sales facts for the City of Moncton in the first four months:

• 2009 sales of existing housing is off to the slowest start in the last five years.
• 2009 sales of new housing is also off, but not as much.
• Mortgage interest rates are at historically low levels.
• There is a good selection of housing for sale in the city of Moncton listed MLS® :
  • 156  - new construction
  • 173  - less than 20 years old
  • 239  - over 20 years old

 So you may ask - Is it a good time for an individual to buy or sell? The answer is not simple and depends on a lot of factors. Feel free to contact me if you would like to discuss the local real estate market.