New Brunswick REALTORS® du Nouveau Brunswick

The number of homes sold through the MLS® System of the New Brunswick REALTORS® du Nouveau Brunswick totaled 974 units in June 2026. This decreased by 4.9% from June 2025.

Home sales were 5.9% below the five-year average and 7.1% below the 10-year average for the month of June.

On a year-to-date basis, home sales totaled 4,381 units over the first six months of the year. This was a decline of 5.7% from the same period in 2025.

At the local level home sales activity posted an increase in Fredericton (1.1%) and recorded declines in Greater Moncton (-4.7%), Saint John (-6.6%), and Northern and Valley Regions (-11.5%) on a year-over-year basis.

“MLS® home sales remained softer than a year ago and below typical levels for this time of year. The number of newly listed properties increased for the sixth consecutive month and are above the historical norm for June,” said Justin Morehouse, Chair of the New Brunswick REALTORS® du Nouveau Brunswick. “Overall inventory reached levels not seen since August 2020, marking an important shift in market conditions. Even with more supply, prices continued to hold firm with the MLS® HPI Benchmark Price rising year over year, posting positive increases in all housing categories. This hasn’t happened since the summer of 2025. Market conditions softened slightly in June and are now sitting close to balanced territory with only a slight tilt in favour of sellers. With prices holding steady and rates not moving significantly in either direction in the short term this may well be a chance for sidelined buyers to step back in.”

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 $342,600 in June 2026, increasing by 6% compared to June 2025.

The benchmark price for single-family homes was $343,900, a gain of 5.9% on a year-over-year basis in June. By comparison, the benchmark price for townhouse/row units was $265,400, up by 4.3% compared to a year earlier, while the benchmark apartment price was $290,500, a minor increase of 1.7% from year-ago levels.

The dollar value of all home sales in June 2026 was $352.5 million, a moderate decrease of 4.2% from the same month in 2025.

The number of new listings increased by 6.9% from June 2025. There were 1,674 new residential listings in June 2026.

New listings were 6% above the five-year average and 5.6% above the 10-year average for the month of June.

Active residential listings numbered 4,013 units on the market at the end of June, a gain of 6% from the end of June 2025. Active listings haven’t been this high in the month of June in more than five years.

Active listings were 17.6% above the five-year average and 8.2% below the 10-year average for the month of June.

Months of inventory numbered 4.1 at the end of June 2026, up from the 3.7 months recorded at the end of June 2025 and below the long-run average of 4.3 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.