New Brunswick REALTORS® du Nouveau Brunswick

The number of homes sold through the MLS® System of the New Brunswick REALTORS® du Nouveau Brunswick totaled 970 units in July 2026. This was a decrease of 8.7% from July 2025.

Home sales were 3.3% above the five-year average and 2.8% below the 10-year average for the month of July.

On a year-to-date basis, home sales totaled 5,360 units over the first seven months of the year. This was a moderate decrease of 6.1% from the same period in 2025.

At the local level home sales activity posted an increase in Northern and Valley Regions (1.1%) and recorded declines in Greater Moncton (-5.1%), Saint John (-12.5%), and Fredericton (-15.1%) on a year-over-year basis.

“While sales activity eased from last year the market has shown encouraging stability in recent months, remaining consistent and aligned with typical seasonal patterns. The number of newly listed homes also moderated, but buyers continue to benefit from a broad selection of homes in some local markets, as overall inventory now sits at its highest level since fall 2019,” said Justin Morehouse, Chair of the New Brunswick REALTORS® du Nouveau Brunswick. “Prices have remained remarkably resilient, supported by strength across most housing types and particularly strong gains in the townhouse segment. Looking ahead, efforts to support housing development are also gaining momentum, with more than $8.84 million in federal, provincial and municipal funding being invested in water, stormwater and wastewater infrastructure in Harvey, Sussex, St. Stephen and Grand Lake. These projects will expand municipal capacity and help support new housing in these communities. With more choice available, market conditions becoming increasingly balanced and investments supporting future development, well-informed buyers and sellers are in a strong position to make their next moves.”

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 $344,000 in July 2026, an increase of 6.7% compared to July 2025.

The benchmark price for single-family homes was $345,500, a moderate gain of 6.9% on a year-over-year basis in July. By comparison, the benchmark price for townhouse/row units was $275,100, increasing by 17.8% compared to a year earlier, while the benchmark apartment price was $277,100, a modest decline of 3.6% from year-ago levels.

The dollar value of all home sales in July 2026 was $344 million, down by 6.7% from the same month in 2025.

The number of new listings fell 4.3% from July 2025. There were 1,484 new residential listings in July 2026.

New listings were 5.2% above the five-year average and 3.2% above the 10-year average for the month of July.

Active residential listings numbered 4,124 units on the market at the end of July, a moderate gain of 5.3% from the end of July 2025. Active listings haven’t been this high in the month of July in more than five years.

Active listings were 15.1% above the five-year average and 7.8% below the 10-year average for the month of July.

Months of inventory numbered 4.3 at the end of July 2026, up from the 3.7 months recorded at the end of July 2025 and below the long-run average of 4.6 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.