Moncton area is still a buyer’s real estate market in March:
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.
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
This will be the first full year for the Moncton area HPI.
The table below for January 2015 reveals the index to be lower than January 2014 in all major areas. Yes all areas declined from 12 months ago. Note however the home price index for the City of Moncton shows the smallest decline from last January. The City of Dieppe claims the highest home price index overall.