SJ contributes lion's share of healthy real estate salesOctober 23, 2008
By: News 88-9's DeniseBarkhouse
SAINT JOHN, NB - The province is headed for another banner year for real estate sales.
This year is expected to meet, if not exceed, last year's residential billion dollar mark, and most of the increase this year, is being fueled by MLS sales in Saint John.
Saint John Real Estate Board President Peter Pappas tells us the market strength is a direct result of projects underway in the city.
The average MLS residential price in the Saint John region is also well above the provincial average with homes selling on average for nearly 160 - thousand dollars.
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