What is the average home price in Moncton?

The average home price in Moncton was $405,583 in February 2026. Moncton is one of the most affordable major Census Metropolitan Areas in Canada — with prices roughly one-third of the Greater Toronto Area — while also being one of Canada's fastest-growing cities driven by inter-provincial migration.

Is there land transfer tax in Moncton or New Brunswick?

No — New Brunswick is one of only a few provinces without a provincial land transfer tax. Buyers in Moncton pay no provincial or municipal land transfer tax, making Moncton one of the most financially accessible major cities in Canada from a closing cost perspective.

Why is Moncton growing so fast?

Moncton's growth is driven by inter-provincial migration from higher-cost provinces (primarily Ontario and BC), an expanding bilingual service economy, strong affordability, and key economic infrastructure including the CN Rail hub, Atlantic Canada's largest cargo airport, and Trans-Canada Highway logistics corridors. The city consistently ranks among Canada's top CMA growth markets.

How does Moncton compare to Halifax for housing affordability?

Moncton is generally more affordable than Halifax, where average prices are approximately $560,000 to $590,000 — roughly 38 to 45% higher than Moncton's $405,583. Moncton also has no land transfer tax, reducing closing costs further. Halifax offers a larger economy and labour market, while Moncton offers better value for buyers and superior affordability ratios.

Moncton Housing Market Report — February 2026

Moncton has been Canada’s fastest-growing Census Metropolitan Area in recent years, driven by inter-provincial migration, an expanding bilingual service sector, major logistics infrastructure (CN Rail hub, Moncton Airport, Trans-Canada Highway node), and one of the country’s lowest home prices relative to median incomes. The CMA spans approximately 147,000 people across Moncton, Dieppe, and Riverview — three distinct municipalities that together form the functional metropolitan area.

New Brunswick is one of only a few provinces with no provincial land transfer tax, making Moncton one of the most financially accessible major housing markets in Canada for first-time buyers.

Key Highlights — February 2026:

Average home price: $405,583
Total sales: 183
No provincial land transfer tax (New Brunswick)
CMA: Moncton, Dieppe, Riverview
Population (CMA): approximately 147,000
Francophone/Anglophone bilingual market

Moncton Home Prices — February 2026

Home Type	Approximate Price
All Residential Average	$405,583
Detached (established)	$370,000–$580,000
Semi-detached	$290,000–$380,000
Townhouse	$280,000–$360,000
Condo Apartment	$230,000–$340,000

For regional comparison: Fredericton average $378,745; Saint John average $352,795 (February 2026).

Market Metrics — February 2026

Metric	Value
Average Price	$405,583
Total Sales	183
Fredericton Avg	$378,745
Saint John Avg	$352,795
Land Transfer Tax (NB)	None
Data Source	CREA / New Brunswick Real Estate Association (NBREA)

Income Required to Buy in Moncton

Assumptions: 20% down payment, 3.99% contract rate (5.99% qualifying rate), 25-year amortization, GDS ratio of 32%, property tax $354/month, heating $150/month.

Home Price	Mortgage (80%)	Income Required
$405,583 (avg)	$324,466	$97,200
$300,000 (condo/semi)	$240,000	$79,200
$230,000 (entry condo)	$184,000	$66,900
$500,000 (newer detached)	$400,000	$116,900
$600,000 (executive)	$480,000	$135,600

Key Trends — Moncton February 2026

Continued Population Growth: Moncton CMA led all Canadian CMAs in percentage population growth over the 2016–2021 Census period and has continued drawing inter-provincial migrants from Ontario, Alberta, and other high-cost markets. Remote work flexibility has made Atlantic Canada’s lifestyle proposition — waterfront access, lower housing costs, bilingual culture — increasingly attractive to national talent pools.

New Brunswick’s No-LTT Advantage: New Brunswick is one of only a few provinces with no provincial land transfer tax. While other provinces charge 1–2% of the purchase price on closing, Moncton buyers save thousands (approximately $4,056 on a $405,583 home vs. the equivalent Ontario LTT). Combined with lower land costs, legal fees and closing costs are materially lower than in central Canadian markets.

Balanced to Moderately Competitive: Unlike the extreme seller’s markets in some Maritime cities during 2021–2022, Moncton has moderated to a more balanced conditions by February 2026. Buyers in the $350k–$500k price range have more selection than at the 2022 peak, though well-priced detached homes in desirable neighbourhoods still move quickly.

Bilingual City Advantage: As one of Canada’s most bilingual major cities (roughly 34% francophone, 65% anglophone in the CMA), Moncton is the business capital of Acadia and a major Federal government employment hub. Government of Canada offices, call centres, financial services, and logistics all employ significant workforces.

Dieppe Growth: Adjacent Dieppe is one of the fastest-growing municipalities in Atlantic Canada. Predominantly francophone, Dieppe offers newer neighbourhoods, modern infrastructure, and slightly higher prices than core Moncton reflecting its newer housing stock.

Infrastructure Investment: Moncton is investing in major road infrastructure, wastewater systems, and has ongoing transit expansion. The city recently completed the Gunningsville Bridge replacement and continues investing in active transportation networks.

Notable Neighbourhoods in Moncton

Centennial Neighbourhood: Upscale established residential area in northwest Moncton. Large lots, mature trees, proximity to Magnetic Hill and Costco. Detached $400k–$600k+.

Mountain Road Corridor: Major commercial and residential artery in north Moncton. Mix of single-family homes, plexes, and rental properties. Detached $300k–$450k.

Sunny Brae: Established mid-city neighbourhood near Université de Moncton and Colisée. Good transit, walkable, family-friendly. Detached $280k–$400k.

Berry Mills / Findlay Park: Newer suburban development in south Moncton. Modern family homes, newer schools, lower density. Detached $380k–$550k.

Downtown Moncton: Revitalized urban core with Main Street restaurants, Market Square, and the Moncton Farmer’s Market. Condos and lofts $230k–$380k.

Dieppe: Adjacent francophone suburb. Newer subdivisions, modern amenities, Champlain Place mall. Detached $350k–$500k. Higher new construction density than Moncton proper.

Riverview: Across the Petitcodiac River from downtown Moncton. Suburban residential character with access to Caledonia Park along the Petitcodiac. Detached $300k–$430k.

Land Transfer Tax — New Brunswick

New Brunswick levies no provincial land transfer tax on real estate purchases. This is a major cost advantage for buyers compared to Ontario (LTT: 0.5%–2.5%), BC (PTT: 1%–3%), and Nova Scotia (deed transfer tax typically 1.5%).

Closing Cost Savings vs. Ontario (on a $405,583 Moncton home):

Province	Equiv. LTT Cost
New Brunswick	$0
Ontario	~$6,336
Nova Scotia	~$6,084
British Columbia	~$6,111

Buyers still pay provincial and municipal property registration fees in New Brunswick, which are nominal (typically under $200).

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Data Sources

Canadian Real Estate Association (CREA) — February 2026 National Statistics
New Brunswick Real Estate Association (NBREA) — February 2026
Data period: February 1–28, 2026