December Real Estate Newsletter

December is upon us, and although winter is not officially here yet, we had a nice taste of it the past few days. Typically a slower real estate month, with Christmas on the horizon, this December the St. John’s real estate market is booming. 2-apartment homes are in high demand once again and the market is certainly looking prosperous for 2008. Current mortgage rates are still at comfortable levels. The average price for a home in St. John’s for November was $167,955 with a 2007 average of $168,528 up from $156,022. (Average price for all areas in the Newfoundland and Labrador Real Estate Board is $148,150 year to date)

December Newsletter Fraser and Stephen Winters – Remax

Remember, we’re never to busy for your referrals!


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