New Brunswick REALTORS® du Nouveau Brunswick

The number of homes sold through the MLS® System of the New Brunswick REALTORS® du Nouveau Brunswick totaled 509 units in February 2026. This was down by 8.6% from February 2025.

Home sales were 7.9% below the five-year average and 8.4% below the 10-year average for the month of February.

On a year-to-date basis, home sales totaled 985 units over the first two months of the year. This was a decrease of 4% from the same period in 2025.

At the local level home sales activity posted an increase in Northern and Valley Regions (4.6%) and Fredericton (1.7%) and recorded declines in Greater Moncton (-10.3%) and Saint John (-26.6%) on a year-over-year basis.

“MLS® home sales pushed back above 500 in February but were still running below last year’s total and under what we would normally expect for this time of year. The bigger headline was on the supply side. New listings moved higher month over month, posting the strongest single-month total since October, landing above the seasonal norm,” said Justin Morehouse, Chair of the New Brunswick REALTORS® du Nouveau Brunswick. “Even so, overall inventory barely budged, holding essentially flat versus both last month and this time last year. Prices also stayed steady from January, and while the MLS® HPI benchmark price remains higher than a year ago, it continues to feel pressure from softer performance in the townhouse and apartment segments. Market conditions nudged a touch closer to balanced, but for most buyers and sellers, the day-to-day feel of the market hasn’t materially changed from what we have seen over the past few months.”

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 $330,300 in February 2026, up by 5.2% compared to February 2025.

The benchmark price for single-family homes was $331,600, an increase of 5.6% on a year-over-year basis in February. By comparison, the benchmark price for townhouse/row units was $234,800, a slight gain of 0.5% compared to a year earlier, while the benchmark apartment price was $280,800, a substantial decline of 14.7% from year-ago levels.

The dollar value of all home sales in February 2026 was $179.2 million, a decline of 7.5% from the same month in 2025.

The number of new listings was up by 4% from February 2025. There were 862 new residential listings in February 2026. This was the largest number of new listings added in the month of February in five years.

New listings were 6.4% above the five-year average and 0.6% above the 10-year average for the month of February.

Active residential listings numbered 2,590 units on the market at the end of February, essentially unchanged, up just 0.6% (15 listings) from the end of February 2025. Active listings haven’t been this high in the month of February in more than five years.

Active listings were 13.6% above the five-year average and 22.5% below the 10-year average for the month of February.

Months of inventory numbered 5.1 at the end of February 2026, up from the 4.6 months recorded at the end of February 2025 and below the long-run average of 6.4 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.