Moncton area is still a buyer’s real estate market in March:
#Moncton Home Price Index advances again in December
Moncton Home Price Index rose less in October.
In back to back months the Moncton Home Price Index rise (percentage wise) was the highest in Canada.
You are running out of time if you plan to purchase a single family home in the metro Moncton area before 2015 is over.
If you plan to purchase a Moncton single family home in 2015, you have not yet missed the best time to make your lowest price on a Moncton home buy in 2015. In the past the Moncton area MLS® Home Price Index (HPI) typically rose with the Spring real estate market. This year that trend continued in Dieppe and Riverview. However so far this year the HPI has declined in Moncton. If you are planning a Moncton single family housing purchase, get some good advice well in advance of making an offer to purchase.
Buyers should selecting their own real estate Agent who will pledge full representation and undivided loyalty. Real estate buyers may regret choosing anything less than full representation.
If you are planning a housing purchase for this year in the Moncton area, you may have missed the best time to make your lowest price on Moncton home purchase in 2015. The Moncton MLS® Home Price Index (HPI) typically rises in the Spring market. See that little upward move on the far right in the graph below? That’s the beginning of the Spring real estate market. Six months from now the HPI could be at it’s peak for 2015.
Or perhaps not. And interest rates could be higher in six months. Or perhaps not. What’s a buyer to do? Buyer’s should start by selecting their own Agent who will pledge full representation and undivided loyalty. Choosing anything less might be regrettable.
Moncton Real Estate News
February 2015 Home Price Index slips
Fewer reported sales in the greater Moncton area may have influenced the February HPI. And perhaps one might fault the record February snowfall. Consider however the national MLS® HPI for January showed the HPI for greater Moncton also declined last month. In comparison to February 2014 the Home Price Index declined the most in Riverview and Dieppe. The rural areas immediately surrounding Moncton, Dieppe and Riverview posted an increase in the HPI. Continue reading