New Brunswick’s housing market set a record for new listings in October, giving buyers more choice as prices continued to climb.
The New Brunswick Real Estate Board said 1,345 homes were listed last month, the largest number ever recorded for October.
Active listings also rose to 3,516, the highest October total in more than five years.
Home sales held steady, with 909 properties sold. That was up 1.3 per cent from October 2024 and slightly above both the five‑ and 10‑year averages for the month.
So far this year, 8,345 homes have sold across the province, a 5 per cent increase compared with the same period in 2024.
Regionally, sales rose in Greater Moncton by 12.5 per cent and in Fredericton by 4.7 per cent.
They fell in Saint John by 4 per cent and in the Northern and Valley areas by 12.7 per cent.
The board explained that the benchmark price was $335,100 in October. That was up 5.2 per cent from a year earlier.
Single‑family homes averaged $336,200. Townhouse and row units dropped 14.7 per cent to $247,400, while apartments increased 1.1 per cent to $294,600.
The total value of all home sales in October was $309 million, up 5.6 per cent from the same month last year.
At the end of October, it would take about 3.9 months to sell all the current listings if sales continue at the same pace.
The board said that it remains below the long‑term average of 5.4 months for this time of year.
