New Brunswick REALTORS® du Nouveau Brunswick

The number of homes sold through the MLS® System of the New Brunswick REALTORS® du Nouveau Brunswick totaled 825 units in August 2026. This was a decline of 8.7% from August 2025.

Home sales were 8.5% below the five-year average and 12.1% below the 10-year average for the month of August.

On a year-to-date basis, home sales totaled 6,220 units over the first eight months of the year. This was down by 5.9% from the same period in 2025.

At the local level home sales activity was unchanged in Fredericton and recorded declines in Northern and Valley Regions (-3.1%), Saint John (-12.3%), and Greater Moncton (-15.3%) on a year-over-year basis.

“August brought a quieter pace to the housing market, with sales easing from both July and the same month last year and finishing below levels we would typically expect for the month. At the same time, new listings remained consistent with the historical norm for August while the number of available homes held steady at levels above both last year and the five year average, continuing to provide buyers with a healthy range of options,” said Justin Morehouse, Chair of the New Brunswick REALTORS® du Nouveau Brunswick. “Despite softer sales activity, home values remained remarkably steady. The MLS® HPI Composite Benchmark Price was little changed from July and continued to sit above year ago levels with gains across all housing types. The townhouse segment was a particular stand out, posting a substantial year of year percentage increase. As we head into the fall market, the combination of stable sales and elevated inventory creates an interesting backdrop for both buyers and sellers, and the next few months will provide a clearer picture of where the market is heading next.”

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 $342,400 in August 2026, a gain of 5.9% compared to August 2025.

The benchmark price for single-family homes was $343,700, up by 6% on a year-over-year basis in August. By comparison, the benchmark price for townhouse/row units was $278,400, an increase of 17.5% compared to a year earlier, while the benchmark apartment price was $287,400, a small gain of 1.6% from year-ago levels.

The dollar value of all home sales in August 2026 was $287.8 million, falling by 9.6% from the same month in 2025.

The number of new listings saw a gain of 4.2% from August 2025. There were 1,263 new residential listings in August 2026.

New listings were 3.3% above the five-year average and 1.2% below the 10-year average for the month of August.

Active residential listings numbered 4,117 units on the market at the end of August, up by 6.5% from the end of August 2025. Active listings haven’t been this high in the month of August in more than five years.

Active listings were 15.7% above the five-year average and 6.8% below the 10-year average for the month of August.

Months of inventory numbered 5 at the end of August 2026, up from the 4.3 months recorded at the end of August 2025 and above the long-run average of 4.9 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.