Greater Moncton Home Market trends For April 2025

0

The just released Moncton and Area Residential Market Activity and MLS® Home Price Index Report (April 2025) will be used to outline the current real estate market trends, supported by specific data points. I’ll briefly explain what these trends mean for buyers and sellers and provide actionable strategies for each group to navigate the market effectively.

Click here and get the full report and all the datapoints used in this analysis. The report is from Canadian Real state Association (CREA). For emphasis, this is a summary of that report.

Summary of the Report and General Advice

The Moncton real estate market in April 2025 is transitioning to a balanced or buyer-friendly market, characterized by these main points:

  1. Increased inventory (1,207 active listings, 3.9 months of inventory), giving buyers more choices and sellers more competition.
  2. Moderating price growth (composite HPI at $378,000, up 4.5% year-over-year), with declines in semi-detached and townhouse segments, offering affordability for buyers but lower returns for sellers.
  3. Longer days on market (30.5 days for all properties), allowing buyers to negotiate and requiring sellers to enhance marketing efforts.
  4. Segment-specific dynamics, with single detached homes remaining the most active, semi-detached and townhouses offering value, and apartments showing limited activity. Semi-Detached (Price Softening) – 38 sales (-22.4% from 2024), $353,300 HPI benchmark (-3.1%), and 76 active listings (+1.3%). Single Detached (Most Active Segment) – 249 sales in April 2025 (9.7% increase from 2024), $387,400 HPI benchmark (5.0% increase), and 988 active listings (39.9% increase). Townhouse (Significant Price Correction) – 17 sales (+6.3%), $243,900 HPI benchmark (-15.2%), and 57 active listings (+21.3%).

As a BUYER what can you do IF this market trend continues in May 2025 and beyond?

  1. Leverage the increased inventory and slower market to negotiate better prices and terms, especially in semi-detached and townhouse segments.
  2. Work with a REALTOR® to analyze comparable sales and target properties with longer days on market for potential discounts.
  3. Consider financing pre-approval to act quickly on desirable single detached homes, which still see steady demand.

As a SELLER what can you do IF this market trend continues in May 2025 and beyond?

  1. Price realistically based on HPI benchmarks and recent sales to compete in a market with 1,207 active listings.
  2. Invest in staging, repairs, and marketing to differentiate your property, particularly for single detached and semi-detached homes.
  3. Be prepared for longer marketing times and remain flexible on price or terms to attract buyers in a cooling market.

By aligning strategies with these trends, both buyers and sellers can make informed decisions to achieve their real estate goals in Moncton’s evolving market.

TIDINGS

  • National Home Prices Decline Amid Tariff Uncertainty: Canadian home prices dropped 3.7% to $678,331 in March 2025, reflecting buyer caution due to U.S. tariff threats. Buyers can negotiate better deals, while sellers should price competitively to attract hesitant buyers in a cooling market.
  • Moncton Inventory Surges, Favouring Buyers: Moncton’s active listings reached 1,207 in April 2025, up 35.5% from 2024, with 3.9 months of inventory. Buyers gain leverage with more choices, while sellers must enhance marketing and price realistically to stand out in a competitive, buyer-friendly market.
  • Moncton Prices Soften in Key Segments: Moncton’s composite HPI benchmark rose 4.5% to $378,000, but semi-detached (-3.1%) and townhouse (-15.2%) prices fell. Buyers can target these segments for affordability, while sellers should price below benchmarks and highlight unique features to attract buyers in a cooling market.
  • Liberal Housing Policy Boosts Affordability: Mark Carney’s Liberals propose GST exemptions on homes under $1M and $25B for affordable housing. Buyers, especially first-timers, benefit from cost savings, while sellers may see increased demand for entry-level homes. Monitor policy implementation for market impacts.
  • Housing Recovery Stalls Due to Trade Jitters: Canada’s housing market faces stagnation risks in 2025 due to U.S. tariffs and economic uncertainty, dampening New Brunswick sales. Buyers should act cautiously but seize opportunities, while sellers need aggressive pricing and marketing to counter reduced buyer confidence.
  • Strong Support for Foreign Buyer Ban: An online survey of 796 B.C. adults by Research Co shows that 75% of B.C. adults support the two-year ban on foreign real estate purchases, stabilizing local markets. Buyers face less competition from foreign investors, while sellers should focus on local demand and avoid overpricing in a balanced market.

If you’re a buyer or seller, I’d be happy to provide a personalized market analysis or guide you through the process—let me know how I can assist!

The information provided in this article are for educational purposes only. Readers are advised to consult professionals before making any financial or real estate decisions.

This is not intended to solicit Sellers or Buyers under contract.