Saint John Housing Market Update (Fall 2025)

Trends in the Saint John Housing Market

Average sales prices across all property types are anticipated to rise two per cent through the end of 2025, with the number of sales is predicted to also increase slightly, by one per cent. The Saint John housing market in Q4 2024 experienced a seller’s market from a shortage of housing supply coupled with higher demand. This is expected to remain the same for the rest of the year. Buyers in the region are finding it difficult to attain a home with most homes going into multiple offers. Sellers on the other hand are making quick sales. Inventory in the region is remaining on the market for 60 days on average. 

Primarily families, young and middle-aged couples, and retirees are driving demand, with a marked rise in new Canadians also contributing to it. The biggest challenge in the market currently is a shortage of inventory which is driving prices higher. Buyers are concerned about the continued increase in prices, leading to creeping thoughts that homeownership will be unattainable for them. Vendors are hesitant to list a home as they are not sure if they can successfully secure the next home.  

Conditional offers, where buyers need to sell their current home first, are uncommon in the region. As a result, many buyers are taking longer to save for a down payment, which could delay their ability to purchase a home until later in life. In addition, parents are helping with down payments, cosigning, they are buying homes with rental income to offset high costs. Parents are helping with down payments, cosigning and buying homes with rental income to offset high costs. 

Neighbouring communities in the region, such as Hampton, Grand-Bay Westfield and other smaller areas, are becoming more appealing to buyers as the larger more established communities have become less affordable. Risk of flooding is also considered for many of the waterfront properties and properties near water in the region.