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Home GOOD NEWS: Canadian Housing Prices Second...

GOOD NEWS: Canadian Housing Prices Second Quarter 2008 - Average Housing Prices

In the Saint John, New Brunswick area, we had the 3rd largest percentage change (+25.9%) in 2 storey housing and the 4th largest percentage change (+20.1%) in bungalows for ALL of Canada.

First time buyers helped boost activity for the Saint John area A preference for homes prices between $150,000 - $250,000. Workers returning from the oil fields in Alberta also entered the high-end real estate market here in Saint John leading to strong activity levels in the housing during the 2nd quarter of 2008.

This is an untapped area that has much potential in the near future! Friendly people & beautiful natural resources.

Eh Canada! ;>)

Saint John's coastline on the Bay of Fundy (Atlantic)

Cities

Detached Bungalows

Standard Two Storey

Standard Condominium

Market

Q2 2008 Average

Q2 2007 Average

Bungalow % Change

Q2 2008 Average

Q2 2007 Average

2 Storey % Change

Q2 2008 Average

Q2 2007 Average

Condo % Change

Halifax

$200,000

$197,667

1.2%

$271,667

$227,000

19.7%

$154,500

$145,000

6.6%

Charlottetown

$156,000

$147,000

6.1%

$185,000

$180,000

2.8%

$120,000

$100,000

20.0%

Moncton

$164,000

$142,000

15.5%

$132,000

$133,000

-0.8%

Fredericton

$162,000

$155,000

4.5%

$197,000

$190,000

3.7%

$126,000

$130,000

-3.1%

Saint John

$202,364

$168,500

20.1%

$285,179

$226,500

25.9%

$119,191

St. John's

$181,000

$147,000

23.1%

$249,333

$206,667

20.6%

$193,333

$153,333

26.1%

Atlantic

$177,561

$159,528

11.3%

$220,030

$193,861

13.5%

$142,605

$132,083

8.0%

Montreal

$234,352

$220,106

6.5%

$336,443

$320,946

4.8%

$204,942

$195,717

4.7%

Ottawa

$316,167

$303,083

4.3%

$315,750

$299,667

5.4%

$203,667

$191,667

6.3%

Toronto

$436,782

$400,025

9.2%

$564,228

$534,325

5.6%

$311,026

$284,237

9.4%

Winnipeg

$233,800

$207,750

12.5%

$257,800

$226,714

13.7%

$144,614

$117,260

23.3%

Regina

$278,850

$204,000

36.7%

$254,000

$181,917

39.6%

$190,000

$118,300

60.6%

Saskatoon

$340,375

$281,250

21.0%

$388,000

$305,000

27.2%

$236,000

$205,000

15.1%

Calgary

$438,122

$459,889

-4.7%

$437,744

$465,678

-6.0%

$285,033

$300,078

-5.0%

Edmonton

$320,000

$374,143

-14.5%

$348,571

$397,857

-12.4%

$226,000

$263,333

-14.2%

Vancouver

$857,500

$787,750

8.9%

$953,250

$875,750

8.8%

$455,750

$419,250

8.7%

Victoria

$450,000

$382,000

17.8%

$470,000

$414,000

13.5%

$295,000

$260,000

13.5

National

$351,587

$333,044

5.6%

$418,943

$398,322

5.2%

$248,408

$239,179

3.9%
Posted Sunday Aug 03