Residential sales activity in Newfoundland and Labrador rose in the second quarter of 2025 compared to the second quarter of 2024.
Residential property sales numbered 1,471 units in the second quarter of 2025, up 9.7% compared to the same quarter in 2024.
Single detached home sales rose by 3.1%, while sales of multi-family units were up 11.4% in the second quarter of 2025.
| Summary – Sales by Housing Type | |||
|---|---|---|---|
| Category | Q2-2025 | Q2-2024 | Year-over-year % change |
| Single Detached | 956 | 927 | 3.1 |
| Multi-family | 235 | 211 | 11.4 |
| Summary – Median Price by Housing Type | |||
|---|---|---|---|
| Category | Q2-2025 | Q2-2024 | Year-over-year % change |
| Single Detached | $335,000 | $292,000 | 14.7 |
| Multi-family | $414,104 | $365,000 | 13.5 |
