St. John’s and Regina Real Estate markets up 0.8%

March 30, 2009 · Filed Under St. John's Real Estate 

Just barely keeping our heads above water, real estate prices in St. John’s (and Regina) are up 0.8% for January and February according to Stats Can. Slightly higher are Saint John, Fredericton and Moncton which rose  1.4%.

The biggest decliners are in Edmonton where the prices of new homes fell almost 10.4% year over year, and Calgary saw a drop of 6.5%

Prices are holding steady St. John’s and should continue to do so for the remaining of the year.  Multiple offers have declined considerably but can still be seen on certain properties.

Houses in the 120k to 160k range are the hot properties now.  Average price for a home in St. John’s is around the 200k range.  I have noticed a drop in activity in the 350k price range.  Especially in the 450k – 600k range.

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One Response to “St. John’s and Regina Real Estate markets up 0.8%”

  1. Saskatoon new home prices up from July but down from August of last year on October 25th, 2009 1:32 am

    [...] from last year. Victoria followed at -10%. Vancouver was down 7.8%. Calgary was off by 6.3%.  St. John’s led on the plus side showing increases of [...]

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