Housing Market Slows In Saint John

Housing prices have fallen in Saint John from 1.6 per cent for a standard 2 storey home all the way up to 6.3 per cent for a detached bungalow. John McAloney of Royal LePage is not surprised. He tells CHSJ News it's a buyer's market.

According to Royal LePage, average prices range from 162 thousand dollars for a standard condo to 178 thousand for a detached bungalow and 295 thousand dollars for standard two storey home.

McAloney says the K-V market remains strong because people are still moving there and lower housing prices are remote, if not non-existent.