Real Estate Sales Expected To Rebound

Saint John Real Estate Board president Jason Stephen says it's a buyer's market with a record number of homes listed for sale in the greater Saint John area -- but -- sales in July were down 19-percent compared to July of last year.

Despite a sluggish summer - Stephen says sales should soon improve.

He tells CHSJ News the fall traditionally brings more interested buyers and with some mortgage rates increasing while housing prices remain steady -- we should see an increase in traffic and sales.