Moncton home prices dip
The Royal LePage House Price Survey released today showed small year-over-year decreases for all housing types surveyed in Moncton.
The average price for a standard two-storey home declined marginally, dipping by 1.6 per cent year-over-year to $135,000, while the prices of detached bungalows also lost ground, dropping 3.2 per cent to $153,000.
"Although prices have decreased slightly year-over-year, this is more a function of the significant inventory of homes available on the market," said Carla Bouchard, manager with Royal LePage Atlantic in Moncton. "Moncton is still a very strong market. We saw the value and the total number of sales increase over the same period last year."
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