Fredericton Housing Market Outlook (2025)

Trends in the Fredericton Housing Market 

Average sales prices across all property types are anticipated to rise 1.5 per cent through the end of 2025, with the number of sales is predicted to also increase, by two per cent. In Q4 2024, the Fredericton housing market experienced a sellers market, moving towards balanced by end of 2025 or spring of 2026. In general, buyers feel that prices are going to come down so they are not as motivated. The sellers feel like they are still in 2022, expecting massive increases in return so the buyers/sellers psychology is not aligning. I feel this will lead to a balanced market with prices plateauing in the next year. Last year, we were a sellers market with limited inventory. 

Demand in the Fredericton housing market is being driven primarily by young and middle-aged couples, a trend expected to continue through the fall. Retirees are also becoming more active. The biggest challenge the region is facing is economic uncertainty. Listings are sitting longer as sellers are being unreasonable, and buyers are cautious. Sellers have not yet adjusted their expectations despite consumer confidence in the region at its lowest.  

New buyers are trending slightly older, towards 30 years old rather than 25 years old as seen in previous years. Some are adopting more creative approaches to entering the market, such as purchasing properties with rental income, or renovating their parents’ homes to stay in the nest longer.