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Moving To Moncton Mondays #3: House Prices


Today’s Moving To Moncton Monday happens to fall on the 4th anniversary of my move to Moncton!

Because my own move is on my mind, I thought I would reflect on one of the biggest benefits that I enjoyed when moving from the GTA to Moncton: affordable home prices! The truth is I’m not alone. Many friends have been relocating their families to Canada’s East to enjoy lower home prices and the ability to stretch their dollar much further.

In fact, I participate on a national home buying expert panel where most of our questions come from the GTA…

“Will It Ever Be A Buyer’s Market?:
“When Will Home Prices Cool Down?”
“Will I Ever Be Able To Buy A Home?”

And with more and more companies allowing their staff to work from home, moving East is becoming a reality for more and more families. I recently spoke with a family where mom was able to keep her executive job and start working from home, instead of staying in the Toronto office. Her husband, a teacher, was able to land a permanent contract here after years of trying in the GTA. The cherry on top was selling their Toronto home and purchasing the home of their dreams- at a fraction of the price.

I highly encourage everyone that I can to consider home ownership in the Greater Moncton Area- where it is truly a buyer’s market. At the moment, the average MLS listing price in the Moncton Area $172,750.00. Compare that to the National Average of $398,000.00 (www.crea.ca). Or, if you want to compare it to your city, check out this handy tool.

Thinking about moving to Moncton? Tell me about it… What’s holding you back?

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