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.
- Residential sales reported rebounded in Moncton, Dieppe as well as Riverview in the third quarter of 2014.
- In my opinion homebuyers seem to be responding to very favourable market conditions in the metro Moncton area.
- There are still lots of listings from which to choose and some sellers are very motivated to sell.