Moncton Real Estate Overview
Moncton has a growing real estate market characterized by its variety and affordability.
According to the Greater Moncton Realtors du Grand Moncton, the average price of home sales was $156,150 in April 2013 _ an increase of 2.3 percent from April 2012.
Moncton is made up of 19 neighbourhoods. Downtown Moncton is the oldest neighbourhood, consisting of several churches, hotels, shops, and historical buildings. The New West End is currently under development, featuring several large, modern properties beside the river along Salisbury Drive. Large and spacious properties can be found by Magnetic Hill and along Ryan Street.
- Moncton Population (2011)69,100
- 5 Year Population Change7.7%
- Number of Homes in Moncton33,400
Why Buy a Home in Moncton?
Moncton is in the heart of the Maritimes, earning it the nickname Hub City.
The citys rich history stretches back to the 17th century and is apparent in its abundance of old buildings, museums, and historical sites. Moncton has a dynamic culture with a significant French-speaking Acadian population. It became the first officially bilingual city in the country in 2002.
A diverse and healthy economy focused on transportation, retail, finance, and information technology has garnered national attention for Moncton. In 2004 Canadian Business Magazine named it the "The best city for business in Canada", and in 2007 FDi magazine named it the fifth most business friendly small-sized city in North America.
Explore Moncton's Rich Cultural Heritage
The first Acadian settlers reached the Moncton area in 1733, establishing a farming community called Le Coude (The Elbow).
In 1755, following a British military victory led by Lt. Col. Robert Monckton, a decree was issued ordering the expulsion of the Acadian people from the Maritimes. This event came to be known as the Great Upheaval.
A decade later, several Pennsylvania Dutch settled in Le Coude and re-named it The Bend. Over time, The Bend was transformed from an agricultural community into a railway hub and shipbuilding centre.
Monctons economy has twice been hit hard _ by the collapse of the shipbuilding industry in the 1860s and by the closure of the CNRs locomotive shops in the 1980s. It has proved extraordinarily adaptive, however, and today Moncton is a thriving economic centre and popular tourist destination.
Getting around in Moncton
Moncton is located on Route 2 of the Trans-Canada Highway. Route 15 is the other major thoroughfare, intersecting with Route 2 to the east of the city and looping around the downtown area. Streets and avenues are generally grid patterned and easy to navigate.
Codiac Transit operates 40 buses on 19 routes throughout Moncton and surrounding communities. The Maritime Bus provides intercity service to the region, and Via Rail Canada offers passenger rail transportation to Halifax and Montreal.
An extensive system of hiking and biking trails can be found in Moncton. The Riverfront Trail extends to the neighbouring communities of Riverview and Dieppe, and is part of the Trans Canada Trail system.
Shopping and Amenities
Moncton is home to New Brunswicks largest shopping centre, Champlain Place, which boasts over 150 shops. Numerous specialty stores, galleries, and boutiques line the sidewalks of Main Street.
Theres no lack of recreational facilities in Moncton. The CN Sportplex, built on the former CN Shops property, includes ten ball fields, six soccer fields, and an indoor rink complex. Centennial Park is always a buzz with activity, featuring an artificial beach, lighted cross country skiing and hiking trails, lawn bowling and tennis facilities, and more.
An abundance of Francophone and Anglophone schools provide parents with educational options for their children. Four university campuses, two community colleges, and six private vocational schools operate in the Moncton region.
Entertainment and Attractions in Moncton
Moncton's main cultural venue is the Capitol Theatre, a restored 1920s vaudeville house that is home to the Symphony New Brunswick and the Atlantic Ballet Theatre of Canada. The city's fascinating history can be re-lived at either the Moncton Museum or the Mus_e Acadien.
Nine 18-hole golf courses can be found in the greater Moncton area. The Moncton Miracles (NBL) and the Moncton Wildcats (QMJHL) both play their home games at the Coliseum.
The city's most famous attraction is Magnetic Hill, which features a water park, zoo, and casino. Notable annual events in Moncton include the Frye Festival, the Atlantic Nationals Automotive Extravaganza, the Atlantic Seafood Festival, and the World Wine Festival.