New Brunswick REALTORS® du Nouveau Brunswick

The number of homes sold through the MLS® System of the New Brunswick REALTORS® du Nouveau Brunswick totaled 789 units in April 2026. This was down by 13% from April 2025.

Home sales were 9.4% below the five-year average and 5.8% below the 10-year average for the month of April.

On a year-to-date basis, home sales totaled 2,411 units over the first four months of the year. This was a decrease of 6% from the same period in 2025.

At the local level home sales activity recorded declines in all areas of the province, falling in Fredericton (-4.4%), Saint John (-8.3%), Greater Moncton (-10.5%), and Northern and Valley Regions (-34.7%) on a year-over-year basis.

“The market continued to find its footing in April, with sales rising for a third consecutive month despite remaining below last year’s pace. At the same time, a stronger flow of new listings has pushed inventory meaningfully higher, giving buyers more choice,” said Justin Morehouse, Chair of the New Brunswick REALTORS® du Nouveau Brunswick. “This is creating a more balanced environment, where neither buyers nor sellers can rely on last year’s playbook. Prices remain broadly stable compared to a year ago, but recent softness shows that strategy matters. In this kind of market, local knowledge is a real advantage. A trusted REALTOR® can help consumers read the conditions clearly and make decisions with confidence.”

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 $324,400 in April 2026, up modestly by 1.3% compared to April 2025.

The benchmark price for single-family homes was $325,800, a minor increase of 1.5% on a year-over-year basis in April. By comparison, the benchmark price for townhouse/row units was $230,500, a slight reduction of 0.7% compared to a year earlier, while the benchmark apartment price was $270,000, a decline of 10.5% from year-ago levels.

The dollar value of all home sales in April 2026 was $286.9 million, a decrease of 10% from the same month in 2025.

The number of new listings rose modestly by 3.7% from April 2025. There were 1,524 new residential listings in April 2026. This was the largest number of new listings added in the month of April in five years.

New listings were 11.2% above the five-year average and 11.5% above the 10-year average for the month of April.

Active residential listings numbered 3,346 units on the market at the end of April, a minor increase of 1.2% from the end of April 2025. Active listings haven’t been this high in the month of April in more than five years.

Active listings were 19.1% above the five-year average and 13.1% below the 10-year average for the month of April.

Months of inventory numbered 4.2 at the end of April 2026, up from the 3.6 months recorded at the end of April 2025 and below the long-run average of 5.2 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.