New Brunswick Real Estate Board

The number of homes sold through the MLS® System of the New Brunswick Real Estate Board totaled 803 units in September 2025. A decrease of 2.1% from September 2024.

Home sales were 11.5% below the five-year average and 8.4% below the 10-year average for the month of September.

On a year-to-date basis, home sales totaled 7,514 units over the first nine months of the year. This was a modest gain of 3.8% from the same period in 2024.

At the local level home sales activity posted an increase in Northern and Valley Regions (6.5%), was unchanged in Greater Moncton and recorded declines in Saint John (-4.6%) and Fredericton (-10%) on a year-over-year basis.

“MLS® home sales slowed versus last September, the first year-over-year decline since early spring and the lightest monthly tally since March. New listings improved slightly from recent monthly totals, coming in a touch above seasonal norms,” said Justin Morehouse, Chair of the New Brunswick Real Estate Board. "The number of available homes across the province slipped from the end of August and was basically flat compared with a year ago. Market conditions moved closer to balanced, though still tilted slightly in favour of sellers. As market momentum shifts, we recommend reaching out to a trusted local REALTOR® who can provide clear guidance on pricing, timing, and strategy in your neighbourhood.”

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 $327,600 in September 2025, up by 5.8% compared to September 2024.

The benchmark price for single-family homes was $328,600, an increase of 5.9% on a year-over-year basis in September. By comparison, the benchmark price for townhouse/row units was $249,000, a big reduction of 15.2% compared to a year earlier, while the benchmark apartment price was $293,900, increasing by 2.5% from year-ago levels.

The dollar value of all home sales in September 2025 was $273.9 million, a small gain of 1.6% from the same month in 2024.

The number of new listings increased by 4.9% from September 2024. There were 1,290 new residential listings in September 2025. This was the largest number of new listings added in the month of September in five years.

New listings were 6.1% above the five-year average and 6.8% above the 10-year average for the month of September.

Active residential listings numbered 3,588 units on the market at the end of September, a modest gain of 1.2% from the end of September 2024. Active listings haven’t been this high in the month of September in five years.

Active listings were 8.7% above the five-year average and 22.8% below the 10-year average for the month of September.

Months of inventory numbered 4.5 at the end of September 2025, up from the 4.3 months recorded at the end of September 2024 and below the long-run average of 5.7 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.