Number of homes for sale in New Brunswick hits historic high
Realtors and homeowners agree selling a house can easily take 10 months due to a surplus of homes for sale in New Brunswick.
Throughout the 10 months Mireille Blanchard's Moncton home was for sale, only few potential buyers came to view the house. She's noticed that there are a lot of For Sale signs in her downtown neighbourhood.
Charlottetown apartment dwellers can expect higher rents
If you're looking for an apartment in Charlottetown, your options may be limited, but it's a good time to be a landlord in the P.E.I. capital.
After peaking at 8.8 per cent in 2013, vacancy rates for apartments in the city are on the way down. They fell to 5.9 per cent in 2014. Numbers are not out yet for 2015, but some of the city's major apartment owners say they have little or no space open.
"Today, middle of September 2015, we have a zero per cent vacancy rate in both our student housing, and non-student housing apartment rentals," Jason Pitre, owner of PEI Apartments.
Creating the conditions for job growth in New Brunswick
FREDERICTON (GNB) – Premier Brian Gallant took the opportunity to outline progress since the election toward the provincial government’s goals of job creation and economic growth.
“Looking back over our first year in office, we continue to be humbled by all the New Brunswickers that want to help our province overcome its challenges,” Gallant said. “We are implementing a balanced, comprehensive and diversified plan to build on the strengths of New Brunswickers to create jobs and economic growth.”