Thanks
someone.
This is the problem with statistics. Depending on how the data is presented, it can be misinterpreted in many ways.
At face value, the post previous to yours could be misconstrued as indicating the bottom had fallen out of the Moncton housing market, but, it was presenting the data only in percentage terms, when in actual fact, the absolute numbers shows that Moncton remains (by far) the second most robust housing market in Atlantic Canada.
Conversely, Moncton also uses statistics to make itself look more successful than it actually is. For a number of years now, Moncton has been marketed as either the fastest or second fastest growing city in Canada. While this is true (in percentage terms), Moncton is only the 27th largest CMA in the country and there are many larger CMAs which actually have more rapid population growth than ourselves. We are probably more like the 12th fastest growing CMA in the country (in absolute terms). Still nothing to sneeze at.
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