Moncton Housing Market Outlook (Fall 2026)

The average residential sale price in the Moncton housing market increased by approximately 0.9 per cent across all property types between 2025 and 2026, rising from $380,941 to $384,376. The MLS® Home Price Index (HPI) composite benchmark increased by 6.1 per cent year over year, suggesting that underlying home values remained firm despite changes in the mix of properties sold.

Average 2026 sale prices are expected to decline by approximately one per cent compared with 2025 levels, while the number of sales is expected to decline by approximately four per cent.

Greater Moncton is now a balanced market, with 4.9 months of housing supply, record July new listings, active inventory at its highest level since 2019, and a median of 38 days on market. Buyers have more selection and negotiating power, while well-priced homes continue to sell within five to six weeks and sellers are still achieving approximately 97 per cent of their asking price. Entry-level homes and townhouses remain particularly in demand, with townhouse activity reaching a July record as first-time buyers pursue more affordable paths to homeownership. Riverview remains a seller-leaning pocket, with just 2.3 months of supply. Compared with last year, the market has shifted from transitioning toward balance to being firmly balanced.

Saving enough for a down payment remains the biggest barrier preventing more first-time buyers from entering the market.

The GST/HST rebate has primarily benefited buyers who were already close to purchasing, rather than meaningfully changing the path to homeownership. The rebate applies only to new construction, while resale homes, where many Greater Moncton first-time buyers purchase, are not subject to HST. As a result, the rebate has had limited impact on buyers seeking entry-level resale townhomes.

The rebate has contributed to more conversations with buyers, but it has not yet significantly changed purchasing outcomes. Awareness remains limited, and many buyers require clarification that the rebate applies only to new construction and does not eliminate the full HST burden in New Brunswick. There has been some increased interest in new entry-level townhouses and semi-detached homes, but the rebate is primarily acting as a closing incentive for buyers who were already close to purchasing.

The greatest impact has been seen in new entry-level attached housing, particularly semi-detached homes and townhouses priced between $350,000 and $450,000 in Dieppe and Moncton North, where the federal credit can make a meaningful difference in buyers’ upfront costs.

Buyers are least willing to compromise on home age or condition. However, willingness to compromise has shifted significantly over the past two to three years. Rather than waiving conditions or paying above asking price, buyers are increasingly compromising on property type, with attached homes, corridor communities, and multigenerational co-purchasing becoming more common. Demand for fixer-uppers has declined.

The foreign buyer ban has had little impact on either affordability or new construction development in the Greater Moncton market.

New construction is increasingly reflecting the types of homes buyers can afford, with attached and multigenerational housing gaining prominence within Moncton, Dieppe, and Riverview, while detached-home construction is shifting toward surrounding corridor communities. This growing supply of attainable housing is helping to support a balanced market and provide buyers with more options.