New Brunswick REALTORS® du Nouveau Brunswick

The number of homes sold through the MLS® System of the New Brunswick Real Estate Board totaled 909 units in October 2025. This was a modest gain of 1.3% (12 sales) from October 2024.

Home sales were 0.7% above the five-year average and 6.2% above the 10-year average for the month of October.

On a year-to-date basis, home sales totaled 8,345 units over the first 10 months of the year, up by 5% from the same period in 2024.

At the local level home sales activity posted an increase in Greater Moncton (12.5%) and Fredericton (4.7%) and recorded declines in Saint John (-4%) and Northern and Valley Regions (-12.7%) on a year-over-year basis.

“Sales held above seasonal expectations, edging past longer-term norms in October. Meanwhile, the number of newly listed homes set a record for the month, giving buyers more choice as fall progressed. Active listings also climbed from last year and reached their highest October level in more than five years,” said Justin Morehouse, Chair of the New Brunswick Real Estate Board. “On the pricing side, the MLS® HPI Composite Benchmark price rose to a new all-time high. Market conditions, though still favouring sellers, have been gradually moving closer to balanced over the past few months. In other news, the Government of New Brunswick announced plans to suspend the provincial sales tax on new multi-unit housing projects and accelerate modular housing production to address supply shortages. In addition, the federal government confirmed over $50 million in infrastructure funding for New Brunswick communities to support housing growth and improve livability.”

The MLS® Home Price Index (HPI) tracks price trends far more accurately than is possible using average or median price measures. The overall MLS® HPI composite benchmark price was $335,100 in October 2025, a gain of 5.2% compared to October 2024.

The benchmark price for single-family homes was $336,200, up by 5.2% on a year-over-year basis in October. By comparison, the benchmark price for townhouse/row units was $247,400, a decrease of 14.7% compared to a year earlier, while the benchmark apartment price was $294,600, a small gain of 1.1% from year-ago levels.

The dollar value of all home sales in October 2025 was $309 million, increasing by 5.6% from the same month in 2024. This was also a new record for the month of October.

The number of new listings rose 9.3% from October 2024. There were 1,345 new residential listings in October 2025. This was also the largest number of new listings added in the month of October in history.

New listings were 19.6% above the five-year average and 24.5% above the 10-year average for the month of October.

Active residential listings numbered 3,516 units on the market at the end of October, up modestly by 3.7% from the end of October 2024. Active listings haven’t been this high in the month of October in more than five years.

Active listings were 13.6% above the five-year average and 17.7% below the 10-year average for the month of October.

Months of inventory numbered 3.9 at the end of October 2025, up from the 3.8 months recorded at the end of October 2024 and below the long-run average of 5.4 months for this time of year. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.