Residential sales activity in Newfoundland and Labrador rose in the third quarter of 2025 compared to the third quarter of 2024.
Residential property sales numbered 1,890 units in the third quarter of 2025, up 6.1% compared to the same quarter in 2024.
Single detached home sales rose by 6.9%, while sales of multi-family units were up 13.1% in the third quarter of 2025.
| Summary – Sales by Housing Type | |||
|---|---|---|---|
| Category | Q3-2025 | Q3-2024 | Year-over-year % change |
| Single Detached | 1,294 | 1,211 | 6.9 |
| Multi-family | 319 | 282 | 13.1 |
| Summary – Median Price by Housing Type | |||
|---|---|---|---|
| Category | Q3-2025 | Q3-2024 | Year-over-year % change |
| Single Detached | $345,000 | $330,000 | 4.5 |
| Multi-family | $415,000 | $370,000 | 12.2 |
