Demand for MLS® listed homes in New Brunswick remains robust
The number of homes sold through the MLS® System of the New Brunswick Real Estate Board totaled 1,000 units in June 2025. This was a slight gain of 0.6% (six sales) from June 2024.
Home sales were 10.2% below the five-year average and 5.3% below the 10-year average for the month of June.
On a year-to-date basis, home sales totaled 4,685 units over the first six months of the year, increasing 2.2% from the same period in 2024.
At the local level home sales activity posted an increase in Northern and Valley Regions (4.5%), Greater Moncton (3.1%), and Saint John (0.5%) and recorded a decline in Fredericton (-4.7%) on a year-over-year basis.
“Buyer demand remained strong across the province in June, with MLS® listed homes continuing to attract solid interest. Overall sales were stable compared to last year, above the 1,000-home mark – a sign of resilience in a market leaning in favour of sellers,” said Justin Morehouse, Chair of the New Brunswick Real Estate Board. "New listings climbed for the sixth month in a row, offering more options to buyers while still maintaining a healthy competitive market. As inventory levels continue to rise and prices trend upwards, New Brunswick housing markets remain active and well-positioned heading into the second half of the year.”
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 $328,700 in June 2025, increasing by 6.7% compared to June 2024.
The benchmark price for single-family homes was $329,600, a gain of 6.8% on a year-over-year basis in June. By comparison, the benchmark price for townhouse/row units was $263,600, down sharply by 11.8% compared to a year earlier, while the benchmark apartment price was $297,100, a minor increase of 2.7% from year-ago levels.
The dollar value of all home sales in June 2025 was $357.9 million, an increase of 8.9% from the same month in 2024.
The number of new listings rose 11.6% from June 2024. There were 1,581 new residential listings in June 2025.
New listings were 1.3% below the five-year average and 1.7% below the 10-year average for the month of June.
Active residential listings numbered 3,647 units on the market at the end of June, increasing by 6.7% from the end of June 2024. Active listings haven’t been this high in the month of June in five years.
Active listings were 12.5% above the five-year average and 24.2% below the 10-year average for the month of June.
Months of inventory numbered 3.6 at the end of June 2025, up from the 3.4 months recorded at the end of June 2024 and below the long-run average of 4.8 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
New Brunswick Monthly Summary | ||||
---|---|---|---|---|
June 2025 | Sales | New Listings | Dollar Volume | Average Price |
Fredericton Area | 263 | 377 | $98,940,358 | $376,199 |
Greater Moncton | 334 | 560 | $130,156,279 | $389,689 |
Northern and Valley Region | 185 | 299 | $43,783,697 | $236,669 |
Saint John | 218 | 345 | $85,008,020 | $389,945 |
New Brunswick | 1,000 | 1,581 | $357,888,354 | $357,888 |
BOARD & ASSOCIATION INFORMATION
The average price information quoted can be useful in establishing trends over time but does not indicate actual prices in centers comprising widely divergent neighbourhoods, or account for price differentials between geographical areas.
The New Brunswick Real Estate Board represents approximately 1400 REALTORS® and affiliate members throughout the province. NBREB serves its members through a wide variety of educational programs, publications and special services. MLS® is a co-operative marketing system used only by Canada’s real estate Boards to ensure maximum exposure of properties listed for sale.
REALTOR® is a trademark, that identifies real estate professionals who are members of the Canadian Real Estate Association and, as such, subscribe to a high standard of professional service and to a strict Code of Ethics.
For more information,
please contact:
Luke Moffet
CEO
New Brunswick Real Estate Board
541 St. George Blvd
Moncton, NB E1E 2B6
Tel: 506-857-8200
Justin Morehouse