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Top 10 Reasons To Buy Real Estate In Moncton

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If you are thinking about buying real estate in Moncton, there has never been a better time than right now.

1. Voted The #1 Place To Buy Real Estate In Canada
In both 2010 and 2011, Moncton was ranked #1 on the MoneySense “Best Deals in Real Estate” list. MoneySense bases its list on a combination of factors, including affordable housing and a strong local economy. Moncton was the only city receiving an “A” overall in the categories, making it one of the most predictable and stable housing markets in the country.

2. Ranked The #11 Best Place To Live In Canada
Moncton has once again ranked high on the MoneySense “Best Places to Live” list. Although Moncton dropped from its #5 ranking in 2010, the city continues to be considered one of the best locations in Canada to call home because of its affordable housing, stable household incomes, low crime rate, access to health care and population growth.

3. Great Selection of Homes to Choose From
Whatever your style or price range, new listings are added daily to the Greater Moncton REALTORS® MLS and home sales continued to remain stable at the end of 2011.

4. Affordable Housing
The prices of homes in Moncton are well within reach for local residents making an average salary. It takes only 2.26 years worth of the average family’s annual household income (before taxes and other expenses) to buy a home in Moncton. In 2011, the average price of home sales in Moncton was $158,561.

5. Interest Rates Are Very Affordable And At An All-Time Low
Interest rates are anticipated to remain low throughout 2012. The current low mortgage rates are bringing many first-time homebuyers to the housing market.

6. Good Quality Of Life
Moncton is a great place to live, work and raise a family. The city hosts a variety of events, boasts a stable employment rate and offers first-class community services and facilities (hospitals, schools, universities, collages, churches, parks, walking/bike trails, sporting events, cuisine, festivals and live entertainment).

7. Easily Accessible
Moncton benefits from a well-designed transportation system. Travelling within the city is efficient whether you drive a car, take public transportation or use bike lanes and greenway trails. Getting to and from Moncton for business or pleasure is also convenient because of easy access to highways and readily available air, train and bus transportation services.

8. Cultural Diversity
Moncton offers a unique blend of Acadian and English cultural traditions. As an officially bilingual city, Moncton is able to flourish both artistically and economically. In addition, there are approximately 30 other ethno-cultural associations operating in the city.

9. Population Growth
Moncton’s population of over 125,000 people is continuing to grow. Immigration results in overall prosperity for the city due to new potential for economic development opportunities, investments and increased prospects for art and cultural innovations.

10. Business and Employment Opportunities
Moncton’s business sector offers job prospects as diverse as the city’s residents. There is a wide array of job prospects in manufacturing, information technology, transportation, logistics, distribution, natural resources, health and life sciences, environmental industries, alternative energies, services, retail and tourism.

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