Moncton Housing Market Update (Fall 2025)

The average residential sale price in the Moncton housing market increased by 2.2 per cent year-over-year across all property types between January 1 and July 31, 2025, from $365,400 to $373,295. The number of sales increased by nine per cent for the same time period from 2,005 to 2,186. The number of listings increased by 4.6 per cent (from 3,597 in 2024 to 3,761 in 2025).  

Young and middle-aged couples, out-of-province buyers and new Canadians remain the most active segments in the Moncton housing market. Young and middle-aged couples continue to seek affordable homeownership opportunities, while out-of-province buyers and newcomers are attracted by lifestyle, affordability, and job opportunities. This trend is expected to remain consistent through the rest of 2025, with sustained migration from other provinces and continued interest from newcomer populations. These groups have consistently driven demand throughout the year.   

In addition to young and middle-aged couples and out-of-province buyers, first-time buyers and newcomers are becoming increasingly active. Lower average home prices in Moncton relative to other Canadian cities make it a desirable entry point into the housing market. 

The biggest challenge in the region is that there is not enough quality inventory that matches what buyers are looking for. Meaning properties are on the market, but they are not necessarily what buyers are interested in. Some segments are seeing excess inventory, especially homes that are priced too high or need significant renovations.  

Buyers have become more selective, and properties lacking curb appeal or modern updates are lingering on the market even as other well-positioned homes continue to sell. Sellers are beginning to adjust, especially those with stale listings. We’re seeing price reductions, greater openness to negotiation, and more conditional offers accepted as they adapt to longer selling timelines and increased competition. Buyers are taking more time to view multiple properties and weigh their options. Interest rate sensitivity and economic concerns are driving more thorough due diligence, and buyers are less likely to waive conditions or rush into offers.  

First-time buyers are trending older, often in their early to mid-thirties, due to the need for higher savings and income levels to qualify for financing. Many are dual-income couples entering the market later than previous generations. Additional barriers for first-time buyers include tightening mortgage qualification rules, especially for first-time buyers. Limited quality inventory, which makes it harder to find suitable homes even with increased listings. Price stagnation, which can discourage both buyers and sellers from moving forward. Many are turning to parental support, co-signers, and alternative financing strategies to overcome affordability barriers. Down payment gifts and family-assisted purchases are becoming more common in the region. 

Conditional sales are more common now, as buyers are increasingly including clauses for financing, inspection, and the sale of their own home. This shift reflects greater caution and an attempt to mitigate financial risk in a more balanced market. The increase is also influenced by: longer days on market, higher inventory, uncertainty about future price trends and interest rates. 

The following up and coming neighbourhoods are gaining traction:  

• Salisbury: Offers more affordable homes and newer subdivisions; popular among families seeking space.  
• Irishtown: Attracts buyers looking for rural charm close to city amenities.  
• Dieppe’s Fox Creek area: Continues to be in demand due to golf course proximity, newer construction, and community amenities. 
• Flooding concerns are on the rise, particularly in riverfront and low-lying communities. Buyers are increasingly asking about flood zone designations and insurance requirements. 

There is a noticeable return to realism in the market. Bidding wars have subsided in most segments, and both buyers and sellers are adjusting expectations accordingly. Realtors are playing a more active role in educating clients on pricing strategy, market timing, and preparing properties to stand out in a more competitive landscape.