Remax has released an optimistic report on the Saint John housing market with January starting out strong. Gordon Breau of Remax tells CHSJ News prices were 13.5 per cent higher than in January of last year with the average price of a home rising to almost 176 thousand dollars. Breau believes those price rises will moderate and wind up the year with an increase from 6 to 8 per cent. The number of listings in the Saint John market is up by 9 per cent which, Breau claims, will moderate price increases.
The Remax report calls the economic prospects in Saint John good with the concept of the energy hub driving sales and prices.
Linked Header
