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CURRENT STATISTICS

60 ANS et un NOUVEAU PRÉSIDENT POUR REALTORS® DU GRAND MONCTON
 
 
REALTORS® du Grand Moncton a élu de nouveaux directeurs le 19 février 2015. Le nouveau président, André Malenfant, cumule 18 années en tant qu’agent immobilier. André a été directeur durant plusieurs années puis en 2014, il est devenu représentant du Conseil avant de remplacer Ricky Cormier au rôle de président.
André Malenfant est heureux de tenir ce nouveau rôle de président. Il a déclaré, “Je suis heureux d’être le président l’année durant laquelle nous célébrons les 60 ans de vie du système MLS® du Grand Moncton. Depuis 60 ans, REALTORS® aide des acheteurs  et des vendeurs à effectuer la plus importante transaction de leurs vies.”
L’organisation compte plus de 270 agents immobiliers agréés. Malenfant ajoute, “Notre mission est d’être leader de l’industrie, en offrant des services pertinents et innovants à nos membres, qui utilisent notre plateforme REALTORS® pour offrir un service exceptionnel à nos clients. Et en 2015, nos actions prouveront cet engagement. Nos membres seront encore mieux formés sur la technologie MLS® afin de mieux servir leurs clients.
Comme on dit, les actes valent plus que les paroles. J’ai eu l’honneur de travailler avec l’ancien Conseil d’administration, qui étaient impliqués dans beaucoup d’actions”.
 
Le nouveau président a hâte de travailler avec sa belle équipe de cadres, de directeurs et son personnel.
·         Président — André Malenfant
·         1er Vice-Président — Ryan Davison
·         2ème Vice-Président — Trent Wilkins
·         Secrétaire-Trésorier — Jesus Machado
·         Directrice — Miranda Burnett
·         Directrice — Erika Jones
·         Directrice — Josette LeBlanc
·         Ancien Président — Ricky Cormier
·         Directeur Général — Kerry Rakuson
 

60 YEARS and a NEW PRESIDENT FOR GREATER MONCTON REALTORS® DU GRAND MONCTON
 
Greater Moncton REALTORS® du Grand Moncton elected new Directors on February 19th, 2015.  The new President, André Malenfant brings 18 years of real estate experience to the position. André has served for a number of years as a Director and in 2014 moved became an Officer of the Board in preparation to take on the President role from Ricky Cormier.
President, André Malenfant is pleased to take over the new position.  He states, “I am excited to be the President in the year we celebrate our 60th Anniversary of running the MLS® System in Greater Moncton.  For 60 years REALTORS® have worked together to assist buyers and sellers with the largest transaction of their lives.”
The organization consists of over 270 licensed real estate members.  Malenfant adds, “Our mission is to be an industry leader, providing relevant, innovative member services which equip our REALTORS® to deliver exceptional service to consumers.  And in 2015 our actions will prove this commitment.  Our members will be receiving a major update of their MLS® technology to serve their clients. 
As they say, actions speak louder than words.  I have been honoured to work with the previous Board of Directors who have been committed to actions”
The new President is looking forward to working with a great team of Officers, Directors and Staff. 
·         President — André Malenfant
·         1st Vice President — Ryan Davison
·         2nd Vice President — Trent Wilkins
·         Secretary Treasurer — Jesus Machado
·         Director — Miranda Burnett
·         Director — Erika Jones
·         Director — Josette LeBlanc
·         Past President — Ricky Cormier
·         Executive Officer — Kerry Rakuson
 

Greater Moncton home sales just miss setting January record

 
Residential sales in the area served by the Greater Moncton REALTORS® du Grand Moncton numbered 144 units in January 2015, a 34.6 per cent increase from levels in January 2014.
 
“Home sales in January missed tying the all-time record for the month set back in 2007 by a single sale, so it was a very strong start to the year,” said Ricky Cormier, President of the Greater Moncton REALTORS® du Grand Moncton. “With plenty of properties for prospective homebuyers to choose from there is little in the way of upward pressure on prices at the moment. Monthly noise aside, prices continue to slide mostly sideways.”
 The MLS® Home Price Index (HPI), tracks price trends far more accurately than is possible using average or median price measures. The overall MLS® HPI for Greater Moncton was down 1.48 per cent in January 2015 compared to the same month last year.
   
Year-over-year price growth remained modestly positive for semi-detached homes (+0.15 per cent) but was down for other property types. Single-detached properties were down by 1.16 per cent while townhouse/row units fell 2.7 per cent and apartment units were down 5.8 per cent.
 
New listings numbered 453 units in January, rising 8.4 per cent from January 2014.
 
Existing supply remains historically elevated. Active residential listings on the Board’s MLS® System numbered 2,194 units at the end of January 2015, an increase of 16.1 per cent from the same time last year.
 
There were 15.2 months of inventory at the end of January 2015, down from 17.7 months reported at the end of January 2014 but above the long-run average for this time of the year. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.
 
 The total value of residential sales reported through the Board’s MLS® System was $22 million in January 2015. This marked a 22 per cent increase from year-ago levels.
 
Sales of all types of properties numbered 156 units in January, up 27.9 per cent from a year earlier. The value of all property sales in January 2015 amounted to $23 million, an increase of 16.7 per cent from last January.
 
The Greater Moncton REALTORS® du Grand Moncton represents more than 270 REALTORS® from over 25 member offices in Moncton, Dieppe, and Riverview as well as nearby communities in South Eastern New Brunswick. MLS® is a co-operative marketing system used only by Canada's real estate Boards to ensure maximum exposure of properties listed for sale.
 
MLS® Home Price Index
percentage change vs.
 Semi-Detached Benchmark:
January 2015
1 month ago
3 months ago
6 months ago
12 months ago
3 years ago
5 years ago
Greater Moncton
$156,900
-0.54
-1.37
-1.67
0.15
2.69
11.52
Dieppe
$156,200
-0.61
-1.35
-0.76
0.15
1.31
8.86
Moncton
$156,700
-0.46
-1.30
-2.05
0.16
3.53
12.48
Riverview
$156,600
-0.60
-1.63
-0.82
0.38
1.30
9.41
 
MLS® Home Price Index
percentage change vs.
 Single Family Detached Benchmark:
January 2015
1 month ago
3 months ago
6 months ago
12 months ago
3 years ago
5 years ago
Greater Moncton
$156,700
-2.07
-0.7
-0.78
-1.16
1.59
6.24
Dieppe
$218,800
-1.56
-0.3
-5.03
-0.9
0.69
8.01
Moncton
$163,900
-1.53
-1
-1.53
-0.08
2.22
8.31
Outside
$117,900
-2.5
0
4.09
-1.81
2.89
4.44
Riverview
$151,300
-1.3
-0.23
-5.54
-1.22
-1.15
5.11
Rural Routes
$134,400
-2.78
-1.72
3.12
-2.1
4.66
4.75

 

MLS® Home Price Index
percentage change vs.
 Composite Benchmark:
January 2015
1 month ago
3 months ago
6 months ago
12 months ago
3 years ago
5 years ago
Greater Moncton
$150,000
-1.94
-1.02
-1.33
-1.48
1.12
5.51
Dieppe
$198,200
-1.67
-1.07
-4.85
-1.15
0.62
7.03
Moncton
$151,400
-1.64
-1.49
-2.1
-1.1
1.21
6.16
Outside
$118,300
-2.59
-0.08
4.02
-1.97
2.73
4.11
Riverview
$149,000
-1.22
-0.61
-4.92
-1.15
-0.92
5.46
Rural Routes
$134,300
-2.78
-1.72
3.12
-2.1
4.66
4.75
 
 

Healthy December for Greater Moncton home sales

 
Residential sales in the area served by the Greater Moncton REALTORS® du Grand Moncton numbered 124 units in December, a 1.6 per cent (two sales) decrease from levels in December 2013 but still one of the better months of December on record.
 
On an annual basis home sales numbered 2,279 in 2014 up 3.9 per cent compared to 2013 and above 2012 as well.  
 
“December was an above average month for home sales in the region, suggesting the momentum we’ve seen over the second half of 2014 will carry into the New Year,” said Ricky Cormier, President of the Greater Moncton REALTORS® du Grand Moncton. “Prices remained fairly stable through 2014 with small increases in prices for single family homes being tempered by a dip in prices for townhouse and apartment units.”
 
The MLS® Home Price Index (HPI), tracks price trends far more accurately than is possible using average or median price measures. The overall MLS® HPI for Greater Moncton edged up 0.7 per cent in December 2014 compared to the same month last year.
 
Year-over-year price growth remained modestly positive for semi-detached homes (+0.54 per cent) and detached properties (1.01 per cent). By contrast, prices declined for townhouse/row units (-1.40 per cent) and apartment units (‑6.45 per cent).
 
The average price of Greater Moncton home sales was down 8.7 per cent from December 2013. Supported by year-over-year increases mainly in the first half of the year, the annual average price in 2014 ($162,300) was up 1.4 per cent from 2013.
 
While the use of average price information can be useful in establishing trends when applied over a period of time, i.e. six months or longer, the Greater Moncton REALTORS® du Grand Moncton cautions that an average price does not indicate the actual value of any particular property. Those requiring specific information on property values should contact a REALTOR®.
 
New listings numbered 189 units in December, rising 15.2 per cent from December 2013.
 
Existing supply levels remain elevated. Active residential listings on the Board’s MLS® System numbered 2,079 units at the end of December 2014, an increase of 17.9 per cent from the same time last year.
 
There were 16.8 months of inventory at the end of December 2014, up from 14.0 months reported at the end of December 2013 and above the long-run average for this time of the year. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.
 
The total value of residential sales reported through the Board’s MLS® System was $18.8 million in December 2014. This marked a 10.1 per cent decrease from year-ago levels.
 
Sales of all types of properties numbered 133 units in December, down 7.6 per cent from a year earlier. The value of all property sales in December 2014 amounted to $20 million, a decrease of 13.7 per cent from last December.
 
The Greater Moncton REALTORS® du Grand Moncton represents more than 280 REALTORS® from over 33 member offices in Moncton, Dieppe, and Riverview as well as nearby communities in South Eastern New Brunswick. MLS® is a co-operative marketing system used only by Canada's real estate Boards to ensure maximum exposure of properties listed for sale.
 
MLS® Home Price Index
percentage change vs.
Semi-Detached Benchmark:
December 2014
1 month ago
3 months ago
6 months ago
12 months ago
3 years ago
5 years ago
Greater Moncton
$157,800
-0.84
-1.52
-1.44
0.54
3.26
11.23
Dieppe
$156,400
-1.27
-3.23
-0.15
-0.08
1.77
9.28
Moncton
$157,800
-0.69
-0.85
-1.83
0.7
4.12
11.8
Riverview
$157,600
-1.19
-2.98
-0.22
0.45
1.83
10.44
 
MLS® Home Price Index
percentage change vs.
Single Family Detached Benchmark:
December 2014
1 month ago
3 months ago
6 months ago
12 months ago
3 years ago
5 years ago
Greater Moncton
$159,100
1.64
0.54
1.16
1.01
3.25
8.76
Dieppe
$217,500
0.83
-2.12
-1.68
-0.67
2.99
9.91
Moncton
$166,500
1
0.77
0.46
1.39
3.48
9.72
Outside
$120,100
2.9
2.41
4.24
2.08
3.99
8.22
Riverview
$153,300
0.92
-2.45
-2.53
-1.72
0.23
6.15
Rural Routes
$138,300
2.29
2.54
5.29
2.05
6.42
9.11

 

MLS® Home Price Index
percentage change vs.
Composite Benchmark:
December 2014
1 month ago
3 months ago
6 months ago
12 months ago
3 years ago
5 years ago
Greater Moncton
$152,600
1.5
0.16
0.62
0.7
2.71
7.78
Dieppe
$203,200
0.99
-1.77
-1.12
0.3
2.94
10.1
Moncton
$153,700
0.87
0.16
-0.39
0.71
2.49
7.21
Outside
$120,600
2.99
2.41
4.26
2.08
3.83
8.06
Riverview
$150,800
0.69
-2.6
-2.53
-1.58
0.38
6.5
Rural Routes
$138,200
2.29
2.54
5.29
2.05
6.42
9.11
 
 
 
 

 

 

Greater Moncton home sales come off the boil in November

 
Residential sales in the area served by the Greater Moncton REALTORS® du Grand Moncton numbered 147 units in November, a 2.6 per cent decrease from levels in November 2013.
“Following a strong summer and fall, the pace of home sales in the Greater Moncton region slowed down in November, although activity remains quite a bit higher than it was over the first half of the year,” said Ricky Cormier, President of the Greater Moncton REALTORS® du Grand Moncton. “Prices moderated slightly in November compared to October, with semi-detached home prices continuing to edge modestly higher on a year-over-year basis, while detached prices stood about half a per cent below last November’s levels.” 
The MLS® Home Price Index (HPI), tracks price trends far more accurately than is possible using average or median price measures. The overall MLS® HPI for Greater Moncton edged down 0.66 per cent in November 2014 compared to the same month last year.
Year-over-year price growth remained modestly positive for semi-detached homes (+0.61 per cent), while detached properties saw a slight decrease compared to a year earlier (-0.54 per cent). Prices declined for townhouse/row units (-3.79 per cent) and apartment style condo units (‑5.00 per cent). That said, for apartment style condos it was the smallest decline in a year, reflecting the fact that prices have been trending back up again since May.
The average price of Greater Moncton home sales edged higher by 1.9 per cent from November 2013. Supported by year-over-year increases mainly in the first half of the year, the average price for the year-to-date in November was up two per cent from the same period last year. 
While the use of average price information can be useful in establishing trends when applied over a period of time, i.e. six months or longer, the Greater Moncton REALTORS® du Grand Moncton cautions that an average price does not indicate the actual value of any particular property. Those requiring specific information on property values should contact a REALTOR®.
New listings numbered 286 units in November, rising 7.5 per cent from November 2013.
Existing supply levels remain elevated, although they have been trending lower since July. Active residential listings on the Board’s MLS® System numbered 2,420 units at the end of November 2014, an increase of 16.5 per cent from the same time last year.
There were 16.5 months of inventory at the end of November 2014, up from 14.0 months reported at the end of November 2013 and above the long-run average for this time of the year. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity. 
The total value of residential sales reported through the Board’s MLS® System was $24.7 million in November 2014. This marked a 0.8 per cent decrease from year-ago levels.
Sales of all types of properties numbered 159 units in November, down 2.5 per cent from a year earlier. The value of all property sales in November 2014 amounted to $26.3 million, an increase of 4.1 per cent from last November.
The Greater Moncton REALTORS® du Grand Moncton represents more than 275 REALTORS® from over 26 member offices in Moncton, Dieppe, and Riverview as well as nearby communities in South Eastern New Brunswick. MLS® is a co-operative marketing system used only by Canada's real estate Boards to ensure maximum exposure of properties listed for sale.
 
 
 
MLS® Home Price Index
percentage change vs.
 Semi-Detached Benchmark:
November 2014
1 month ago
3 months ago
6 months ago
12 months ago
3 years ago
5 years ago
Greater Moncton
$159,100
-0.23
-0.38
0.08
0.61
4.05
12.36
Dieppe
$158,400
0.3
0.3
1.98
1.21
3.49
9.15
Moncton
$158,900
-0.38
-0.54
-0.61
0.39
4.68
13.46
Riverview
$159,500
0.15
0.15
1.97
1.58
3.37
9.94
 
MLS® Home Price Index
percentage change vs.
 Single Family Detached Benchmark:
November 2014
1 month ago
3 months ago
6 months ago
12 months ago
3 years ago
5 years ago
Greater Moncton
$156,500
-0.23
0
-0.31
-0.54
1.1
7.19
Dieppe
$215,700
0.3
-2.78
-1.7
-0.82
1.14
9.19
Moncton
$164,800
-0.46
0.08
-1.07
0.46
2.69
8.81
Outside
$116,700
-0.24
2.31
1.72
-1.12
0.24
5.26
Riverview
$151,900
0.15
-3.2
-2.69
-2.26
-1.74
5.78
Rural Routes
$135,200
-1.17
1.94
3.02
0.56
3.35
6.13

 

MLS® Home Price Index
percentage change vs.
 Composite Benchmark:
November 2014
1 month ago
3 months ago
6 months ago
12 months ago
3 years ago
5 years ago
Greater Moncton
$150,400
-0.55
-0.47
-0.7
-0.7
0.79
6.37
Dieppe
$201,200
-0.23
-2.59
-1.64
-0.08
1.31
8.31
Moncton
$152,400
-0.78
-0.63
-1.4
-0.24
1.6
6.92
Outside
$117,100
-0.32
2.23
1.64
-1.2
0
5.01
Riverview
$149,800
-0.08
-3.06
-2.69
-1.96
-0.91
6.03
Rural Routes
$135,100
-1.17
1.94
3.02
0.56
3.35
6.13
 
 
 
 
- 30 -
 
 
 
 
 
 
 

Greater Moncton home sales remain at historically strong levels in October

Residential sales in the area served by the Greater Moncton REALTORS® du Grand Moncton numbered 213 units in October, a 31.5 per cent jump from levels in October 2013.
 
“October was the fourth straight month of historically very strong resale housing activity in the region, marking a sharp contrast to the quiet start to the year,” said Ricky Cormier, President of the Greater Moncton REALTORS® du Grand Moncton. “It was the fourth best October on record for sales, with year-to-date activity running almost five per cent ahead of the same time last year. Semi-detached home prices continue to post modest year-over-year gains, while detached prices have largely flattened out.”
 
This month, the Greater Moncton REALTORS® du Grand Moncton launches its MLS® Home Price Index (HPI), which tracks price trends far more accurately than is possible using average or median price measures.
 
The overall MLS® HPI for Greater Moncton was unchanged compared to October last year. Prices have held fairly steady since they recovered toward the end of summer last year. Year-over-year increases of around two per cent in the first half of 2014 reflected a weaker pricing environment in early 2013. However, prices have been flat for the past three months.
 
Year-over-year price growth remained modest for semi-detached homes (+0.92 per cent), although this outpaced single family detached home price which have largely stabilized (-0.08 per cent). By contrast, prices declined for townhouse/row units (-3.84 per cent) and apartment units (‑10.85 per cent), the latter reflecting a spike in prices in 2012/2013 that has since come back down to earth.
 
The average price of Greater Moncton home sales edged higher by 0.7 per cent from October 2013. Supported by year-over-year increases mainly in the first half of the year, the average price for the year-to-date in October was up 2.0 per cent from the same period last year.
 
While the use of average price information can be useful in establishing trends when applied over a period of time, i.e. six months or longer, the Greater Moncton REALTORS® du Grand Moncton cautions that an average price does not indicate the actual value of any particular property. Those requiring specific information on property values should contact a REALTOR®.
 
New listings numbered 421 units in October, rising 10.5 per cent from October 2013.
 
Existing supply levels remain elevated, but are showing tentative signs of having topped out this summer. Active residential listings on the Board’s MLS® System numbered 2,585 units at the end of October 2014, an increase of 16.4 per cent from the same time last year.
 
There were 12.1 months of inventory at the end of October 2014, down from 13.7 months reported at the end of October 2013 but still above the long-run average for this time of the year. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.
 
The total value of residential sales reported through the Board’s MLS® System was $33.2 million in October 2014. This marked a 32.4 per cent increase from year-ago levels.
 
Sales of all types of properties numbered 241 units in October, up 28.9 per cent from a year earlier. The value of all property sales in October 2014 amounted to $37.2 million, an increase of 38.0 per cent from last October.
 
The Greater Moncton REALTORS® du Grand Moncton represents more than 280 REALTORS® from over 26 member offices in Moncton, Dieppe, and Riverview as well as nearby communities in South Eastern New Brunswick. MLS® is a co-operative marketing system used only by Canada's real estate Boards to ensure maximum exposure of properties listed for sale.
 

MLS® Home Price Index
percentage change vs.
 Semi-Detached Benchmark:
October 2014
1 month ago
3 months ago
6 months ago
12 months ago
3 years ago
5 years ago
Greater Moncton
$159,500
-0.46
-0.38
1.23
0.92
4.04
12.71
Dieppe
$157,900
-2.27
0.76
1.52
1.45
3.50
9.45
Moncton
$159,500
0.23
-0.69
1.16
0.62
4.49
13.80
Riverview
$159,200
-1.97
0.82
1.81
1.89
3.62
10.50
 
MLS® Home Price Index
percentage change vs.
 Single Family Detached Benchmark:
October 2014
1 month ago
3 months ago
6 months ago
12 months ago
3 years ago
5 years ago
Greater Moncton
$156,900
-0.85
-0.08
1.66
-0.08
1.18
8.26
Dieppe
$215,000
-3.21
-4.53
-2.71
-1.12
0.68
10.58
Moncton
$165,600
0.23
-0.53
2.28
0.54
3.17
9.31
Outside
$117,000
-0.24
4.01
4.54
0.32
0.32
6.78
Riverview
$151,600
-3.49
-5.32
-3.92
-2.41
-1.89
6.66
Rural Routes
$136,800
1.43
4.92
6.85
2.65
3.40
9.13

 

MLS® Home Price Index
percentage change vs.
 Composite Benchmark:
October 2014
1 month ago
3 months ago
6 months ago
12 months ago
3 years ago
5 years ago
Greater Moncton
$151,200
-0.78
-0.23
1.43
0.00
1.03
7.76
Dieppe
$201,700
-2.51
-3.86
-1.79
-0.08
1.07
10.46
Moncton
$153,600
0.08
-0.62
1.67
0.16
2.00
7.76
Outside
$117,500
-0.24
4.02
4.55
0.24
0.32
6.62
Riverview
$149,900
-3.20
-4.34
-3.20
-1.88
-0.69
7.43
Rural Routes
$136,700
1.43
4.92
6.85
2.65
3.40
9.13