New Brunswick Real Estate Board

The number of homes sold through the MLS® System of the New Brunswick REALTORS® du Nouveau Brunswick totaled 724 units in September 2026. This was down sharply by 12.6% from September 2025.

Home sales were 9.2% below the five-year average and 16% below the 10-year average for the month of September.

On a year-to-date basis, home sales totaled 6,989 units over the first nine months of the year. This was a decrease of 6% from the same period in 2025.

At the local level home sales activity posted an increase in Saint John (3.3%) and recorded declines in Northern and Valley Regions (-8%), Fredericton (-9.1%), and Greater Moncton (-26.1%) on a year-over-year basis.

“September was a quieter month for sales, with activity falling to its lowest level since early spring and posting the softest September total since 2018. The number of newly listed homes remained steady and continued to run well above historical norms for this time of year, giving buyers plenty of choice,” said Justin Morehouse, Chair of the New Brunswick REALTORS® du Nouveau Brunswick. “Overall inventory also remained elevated compared with recent years, while market conditions were virtually unchanged from August. The MLS® HPI Composite Benchmark price held relatively firm, helped by gains in the townhouse category. Heading further into the fall, we continue to see a market defined by ample selection, stable conditions and opportunities for buyers and sellers who are prepared to come off the sidelines.”

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 $341,700 in September 2026, up modestly by 2.7% compared to September 2025.

The benchmark price for single-family homes was $342,800, a minor increase of 2.7% on a year-over-year basis in September. By comparison, the benchmark price for townhouse/row units was $286,800, a sizable gain of 16.8% compared to a year earlier, while the benchmark apartment price was $293,100, increasing by 1% from year-ago levels.

The dollar value of all home sales in September 2026 was $250.9 million, a sharp decrease of 12.1% from the same month in 2025.

The number of new listings was nearly unchanged, down only 0.1% (one listing) from September 2025. There were 1,291 new residential listings in September 2026.

New listings were 6% above the five-year average and 7.7% above the 10-year average for the month of September.

Active residential listings numbered 4,049 units on the market at the end of September, an increase of 5.8% from the end of September 2025. Active listings haven’t been this high in the month of September in more than five years.

Active listings were 14.1% above the five-year average and 5.7% below the 10-year average for the month of September.

Months of inventory numbered 5.6 at the end of September 2026, up from the 4.6 months recorded at the end of September 2025 and above the long-run average of 5.3 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.