Employing our proven methods and leveraging pertinent market insights, we assist in maximizing your investment's returns, irrespective of market fluctuations. We ensure a trustworthy, comprehensive service that instills confidence.
In 2024 March, Newfoundland and Labrador's real estate market displayed a mixed picture. Overall sales decrease slightly but prices continue to rise in St. John.
Sales:
In March 2024, the province-wide sales decreased by 10.9%.
Compared to March 2023 St. John's intimated an 8.6% increase in sales.
Prices:
In the province, The MLS® Home Price Index (HPI) increased by 6.7%.
HPI (Home Price Index) prices increased by 7.6% and reached $335,000.
St. John’s experienced prices increase in all property types leading to 7.7% single-family homes.
Inventory:
In province-wide new listings decrease compared to existent averages.
In March 2024, active listing reached a 15-year low.
Month of inventory increase but still low as compared to the long-term inventory.
Conclusion:
In March 2024, the unemployment rate decreased in Newfoundland and Labrador's real estate market. In St John construction activity shows a positive effect and rent increased by 10%.
In 2024 March, Newfoundland and Labrador's real estate market displayed a mixed picture. Overall sales decrease slightly but prices continue to rise in St. John.
Sales:
In March 2024, the province-wide sales decreased by 10.9%.
Compared to March 2023 St. John's intimated an 8.6% increase in sales.
Prices:
In the province, The MLS® Home Price Index (HPI) increased by 6.7%.
HPI (Home Price Index) prices increased by 7.6% and reached $335,000.
St. John’s experienced prices increase in all property types leading to 7.7% single-family homes.
Inventory:
In province-wide new listings decrease compared to existent averages.
In March 2024, active listing reached a 15-year low.
Month of inventory increase but still low as compared to the long-term inventory.
Conclusion:
In March 2024, the unemployment rate decreased in Newfoundland and Labrador's real estate market. In St John construction activity shows a positive effect and rent increased by 10%.
We create a customized plan to your specific criteria for a new home and remain fully dedicated to finding the ideal property that suits your lifestyle. Our aim is to facilitate a smooth transition into your new home, providing guidance at every stage of the process.
I had a great time dealing with the team from Rev99. They have taken good care of me with making one of the most important decision of my life of renting a house. On top of that they assisted me with finding a reliable tenant for my basement that pays on time. If you are looking for great service, confident options and honest dealing, I would highly recommend Rev99.
I had a great time dealing with the team from Rev99. They have taken good care of me with making one of the most important decision of my life of renting a house. On top of that they assisted me with finding a reliable tenant for my basement that pays on time. If you are looking for great service, confident options and honest dealing, I would highly recommend Rev99.
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Call or Text Us
647-717-8542
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Our Office
7885 Tranmere Dr #6 Mississauga, ON L5S 1V8
Call or Text Us
647-717-8542
Email Us
rev99.info@gmail.com
Our Office
7885 Tranmere Dr #6 Mississauga, ON L5S 1V8
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