Saint John will remain a buyer’s market for the next couple of years when it comes to housing. That, according to Jason Beaton of Canada Mortgage and Housing who delivered a seminar to realtors in the city about how things look this year and next.
Beaton says the housing market in Saint John has been trending down since 2008 and he expects a further softening in the sale of existing homes this year.
Beaton tells CHSJ News it takes an average of 110 days to sell a home in Saint John and the average price is around 167 thousand dollars.
