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Council’s finance committee has decided to put some money away for a snowy day…or really snowy days…according to the Telegraph-Journal.
The committee decided last night to put $2 million of the expected budget surplus into a reserve fund to deal with future snow falls, if we get a winter like the one of 2015 which really strained the city’s budget.
It’s expected to be a sellers market next year for housing in Saint John.
Re/MAX has released its outlook saying the average price of a home in the greater Saint John area is expected to climb 2.5% to just over $182,000, with the uptown area a very popular location. Retiring baby boomers and first time buyers will feed that demand according to the report.
Toronto and Vancouver will be the hottest markets with price increases in the double digits.