What makes a market a good one for buyers in Greater Moncton? The economy fluctuates, and it is those exact fluctuation that determines the outcome of a real estate market. My goal as a REALTOR® is to keep my clients informed of those changes so they can make informed decisions. But how exactly do I know what is good for them and what’s not? Let me explain to you why it is a good time to buy a home.
Understanding The Jargon
What are a Buyer, a Seller, and a Balanced Market?
We often talk about the type of markets in Real Estate as being a buyer’s market, a seller’s market, or a balanced market. We define this by the months of inventory: the number of months it would take to sell all current listings at the current sales pace.
A seller’s market (which we have been in back in 2021) is a market with fewer homes and high demand. A buyer’s market is the opposite, where there are more homes and less demand.
And a balanced market would be a 5 to 7 months of inventory with equal supply and demand. (We are currently at 4.9 months of inventory)
What to Consider Before Buying a Duplex or Semi-detached
The economy naturally fluctuates through periods of recession and expansion. Even though it is something that is happening “naturally“, periods of recession are determined by experts (date of start and end).
Anything happening in other countries, especially where we export products to grow our economy, will affect us. Take the U.S tariffs as an example. As of now, Canada is not in a recession, but the tariffs did have repercussions on our economy. This would explain why some people have reconsidered their Real Estate Goals throughout 2025.
Have a look at the following image for a visual representation of the business cycle (source:https://corporatefinanceinstitute.com/resources/economics/business-cycle/)
To Buy Now or to Wait?
Even though we are living in uncertain times, taking the leap and purchasing a property (if you can, of course) is a smart move. If people are scared of buying now, that means less competition for smart buyers (like you)!
What other factors make this market a good one to buy?
More Inventory
When the inventory increases, buyers have more choices and also more negotiation power. It is important to know that certain neighbourhoods and home types remain more competitive than others. A home that has been on the market for a very long period is usually a good indicator that the price was set a little too high from the beginning, but it does not mean it’s a bad home! Keep in mind that we aren’t in the 2021 market anymore, and 44-60 days (52 to be exact) on the market is considered the average at the moment.
Stable Interest Rates
While Canadian interest rates aren’t as low as they used to be, they have been relatively steady. The advantage? These stable rates make financing more predictable. 4% isn’t a high interest rate, but 1% was historically low. Let’s forget those insanely low rates that put everybody in a chokehold when refinancing, shall we?
Home Prices
The Greater Moncton housing market remains one of the most affordable in Canada. Average prices went down in the last quarter of 2025. $395,530 in November in comparison to $382,820 in December for detached homes
Prices won’t skyrocket as they did back in 2021, but experts are expecting them to slowly increase, so waiting might mean paying more later.
In summary, if your personal situation allows it, it is a good time to buy a property in Greater Moncton right now. If you have to wait, then do so, but if you are waiting, thinking to get a better deal, I highly suggest changing your strategy.
Understanding the economic climate and the current real estate market is how you can make informed decisions and get the best deals.
If you need help looking for a home, feel free to reach out by email or phone anytime.
