What’s Happening in the Saint John Housing Market?
The average residential sale price in the Saint John housing market increased by 1.67 per cent across all property types between 2025 and 2026, rising from $370,448 to $376,627. The number of sales decreased by 5.6 per cent over the same period, declining from 1,193 to 1,126. Meanwhile, the number of listings increased by 3.24 per cent, rising from 1,727 to 1,783.
Looking ahead, average 2026 sale prices are expected to increase by approximately 3 per cent above 2025 levels, while the number of sales is expected to decline by about 2.5 per cent.
Saint John remains a seller’s market, although higher-priced inventory is becoming more balanced, according to Corey Breau of REMAX Professionals Saint John. Properly priced homes in average price ranges continue to sell quickly and can still attract multiple offers, while buyers are becoming more cautious in the higher-priced segment, where homes are taking longer to sell. Overall, market conditions are broadly similar to last year following a slower start to 2026.
Home prices remaining too high relative to buyer incomes continue to be the biggest factor preventing more first-time buyers from entering the market.
The HST rebate has had little impact in the local market. Buyer awareness remains limited, and the rebate has made little to no meaningful difference to overall market activity or purchasing behaviour.
Buyers are least willing to compromise on lifestyle amenities, although many are adapting their wants and needs to better align with their budgets.
According to Corey, the foreign buyer ban has had little impact on affordability or new construction development.
Frequently Asked Questions
How have home prices changed in Saint John?
The average residential sale price in Saint John increased by 1.67 per cent between 2025 and 2026, rising from $370,448 to $376,627.
How have sales and listings changed in Saint John?
The number of sales decreased by 5.6 per cent, from 1,193 to 1,126, while the number of listings increased by 3.24 per cent, from 1,727 to 1,783.
What is expected for Saint John home prices in 2026?
Average 2026 sale prices are expected to increase by approximately 3 per cent above 2025 levels.
What is expected for home sales in Saint John in 2026?
The number of sales is projected to decline by about 2.5 per cent.
Is Saint John still a seller’s market?
Yes. Saint John remains a seller’s market, although higher-priced inventory is becoming more balanced. Properly priced homes in average price ranges continue to sell quickly and can still attract multiple offers.
How are higher-priced homes performing?
Buyers are becoming more cautious in the higher-priced segment, where homes are taking longer to sell and market conditions are more balanced.
What is the biggest challenge for first-time buyers?
Home prices remaining too high relative to buyer incomes continue to be the biggest factor preventing more first-time buyers from entering the market.
How is the HST rebate affecting the Saint John housing market?
According to Corey Breau of REMAX Professionals Saint John, the HST rebate has had little impact in the local market. Buyer awareness remains limited, and the rebate has made little to no meaningful difference to overall market activity or purchasing behaviour.
What are buyers least willing to compromise on?
Buyers are least willing to compromise on lifestyle amenities, although many are adapting their wants and needs to better align with their budgets.
How are buyers adjusting to affordability challenges?
While buyers continue to prioritize lifestyle amenities, many are modifying their expectations and purchasing criteria in order to remain within budget.
Has the foreign buyer ban affected affordability or new construction development?
According to Corey Breau, the foreign buyer ban has had little impact on affordability or new construction development.
