New Brunswick Real Estate Association

Residential Activity

Residential sales activity in New Brunswick slowed in the fourth quarter of 2022 compared to the fourth quarter of 2021.

Residential property sales numbered 1,961 units in the fourth quarter of 2022, down significantly compared to the same quarter in 2021.

Single detached home sales slowed 30.9% in the fourth quarter of 2022.

Annually, residential property sales numbered 9,664 units in all of 2022. This was up 46.6% compared to the 6,592 units recorded in 2021. This was the highest number of annual residential sales ever recorded.

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