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Thursday, March 22, 2012

Property Sales Post Big Gains In February


The local real estate market appears to be picking up steam after a roller coaster year last year.
The Greater Saint John Real Estate Board says 159-properties were sold last month - an increase of 47-percent over February of last year.
The average sale price of a home also increased by three percent to just over 180-thousand dollars.
Board president Jason Stephen says that strength in the numbers is in sharp contrast to the recent softening trend.