Find a home in New Brunswick.
Local REALTORS® across New Brunswick
Find an agentAbout New Brunswick real estate
New Brunswick is Canada's most affordable Maritime market and the country's only officially bilingual province, anchored by Moncton, Saint John, Fredericton, and Dieppe.
Expert take: Interprovincial migration, much of it from Ontario chasing affordability, keeps demand firm while listings rebuild. The result is a balanced-to-tight market: prices still climbing double digits, but buyers finally have inventory to choose from.
By the numbers
- Median listing price provincewide: $352,000 CAD
- Active NB REALTORS® on this network: 1
- Population: 850,000
- Capital: Fredericton
- Brokerage: eXp Realty New Brunswick
New Brunswick market snapshot
Market data is updated periodically and deemed reliable but not guaranteed. Figures in CAD.
New Brunswick through experienced eyes
What makes New Brunswick different.
New Brunswick charges a 1% Real Property Transfer Tax on the greater of assessed value or purchase price, with no first-time buyer rebate. There is no PST on CMHC default insurance, which keeps closing costs low relative to most provinces.
Current conditions.
The provincial benchmark sits near $352,000, up about 10.1% year-over-year, with homes selling in a median 40 days and roughly 5,200 active listings province-wide. Inventory is rebuilding toward balanced conditions. Read New Brunswick by metro, not by province.
The single biggest trend.
Sustained interprovincial migration is driving double-digit price growth even as new listings rise.
Where to look in New Brunswick
Median sale prices are directional public-data estimates in CAD.
Moncton
Fast-growing bilingual hub; strongest migration-driven demand
Fredericton
Capital and university city; stable government and education employment
Saint John
Industrial port city; older housing stock at relative value
Dieppe
Affluent Francophone suburb of Moncton; top move-up market
School districts buyers ask about
Buyers ask most about Anglophone School Districts (East, West, North, South) and the Francophone districts (Nord-Est, Sud, Nord-Ouest), reflecting the province's dual-language public system. Universities including UNB, St. Thomas, and Université de Moncton anchor demand in Fredericton and Moncton.
Climate and seasons
New Brunswick has a humid continental climate with cold, snowy winters and warm summers. Coastal and riverine areas, including parts of Saint John and the Saint John River valley, warrant attention to flood history and insurance.
Questions buyers and sellers ask us most
How much do I need for a down payment in New Brunswick?
Canadian rules require a minimum 5% down on the first $500,000 and 10% on the portion above, up to the $1.5M insured cap. On the roughly $352,000 provincial median, that is about $17,600 down. Any purchase with less than 20% down requires mortgage default insurance through CMHC, Sagen, or Canada Guaranty. There is no FHA or VA financing in Canada.
What is the best time of year to buy a home in New Brunswick?
Spring is the busiest season in New Brunswick, with the most listings and competition from March through June. Late fall and winter bring fewer buyers and slower sales, which can favour those willing to shop in the cold for less competition.
Can I buy a home in New Brunswick without seeing it in person?
Yes. Out-of-province buyers regularly purchase here via a live video walkthrough with your agent plus a professional home inspection. Build a satisfactory-inspection condition into the offer to protect yourself.
How long does it take to close on a home in New Brunswick?
Closings in New Brunswick are handled by a lawyer, not a title or escrow company, and typically complete 30 to 60 days after an accepted offer. Budget for the 1% Real Property Transfer Tax, payable on the greater of assessed value or purchase price, plus legal fees and disbursements.
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REALTORS® serving communities across New Brunswick, listed by city.