You see alot of for sale signs on the front lawns of homes around town. Does that mean the Saint John housing market is in a slump.
Remax reports it is a buyer’s market and likely will remain so well into the foreseeable future.
Realtor Hodges Hamm says the average price of a home in Saint John is 175 thousand dollars, a drop of 4 or 5 thousand in the past year but it could have been alot worse and the local market actually defied expectations.
Quispamsis and the east side are the two most popular spots for home buyers. Millidgeville has cooled off.
It is taking longer to sell homes and Hamm concedes realtors are showing alot more of them to each prospective buyer.
