Residential sales activity in Newfoundland and Labrador slowed in the first quarter of 2026 compared to the first quarter of 2025.
Residential property sales numbered 916 units in the first quarter of 2026, down 10.1% compared to the same quarter in 2025.
Single detached home sales were down 8.5%, while sales of multi-family units were down 14.4% in the first quarter of 2026.
| Summary – Sales by Housing Type | |||
|---|---|---|---|
| Category | Q1-2026 | Q1-2025 | Year-over-year % change |
| Single Detached | 594 | 649 | -8.5 |
| Multi-family | 160 | 187 | -14.4 |
| Summary – Median Price by Housing Type | |||
|---|---|---|---|
| Category | Q1-2026 | Q1-2025 | Year-over-year % change |
| Single Detached | $325,000 | $305,000 | 6.6 |
| Multi-family | $432,250 | $405,000 | 6.7 |
