Tom Miller Real Estate

09/09/2026

Here is your Fredericton & Region Monthly Housing Report for September 2026! If you felt the local real estate market shifted recently, the latest August 2026 housing statistics confirm it.

August 2026 Fredericton & Region Single Family Home Market Breakdown:

Units Sold: 180 (Down 7.7% from previous year)

Average Price: $378,266 (Down 5.9% from previous year)

New Listings: 226 (Down 7.0% from previous year)

Active Listings: 624 (Up 13.2% from previous year)

What This Means For Buyers & Sellers:

For Home Buyers: Increasing active inventory gives you more options to explore across Fredericton, but navigating available homes without overpaying requires a hyper-local strategy.

For Home Sellers: Pricing holds strong when properly positioned, but accurate pricing based on real, local market data is essential to attract serious buyers.

Stop relying on guesswork; let's build a real estate strategy tailored to your specific goals!

Connect with Tom Miller Real Estate

Website: tommillerrealestate.ca

Call/Text: 506-262-7064

Direct Message: Send a DM to talk about what these numbers mean for your property!

09/09/2026

Here is your Fredericton & Region Monthly Housing Report for September 2026! If you felt the local real estate market shifted recently, the latest August 2026 housing statistics confirm it.

August 2026 Fredericton & Region Single Family Home Market Breakdown:
Units Sold: 180 (Down 7.7% from previous year)
Average Price: $378,266 (Down 5.9% from previous year)
New Listings: 226 (Down 7.0% from previous year)
Active Listings: 624 (Up 13.2% from previous year)

What This Means For Buyers & Sellers:
For Home Buyers: Increasing active inventory gives you more options to explore across Fredericton, but navigating available homes without overpaying requires a hyper-local strategy.
For Home Sellers: Pricing holds strong when properly positioned, but accurate pricing based on real, local market data is essential to attract serious buyers.

Stop relying on guesswork; let's build a real estate strategy tailored to your specific goals!
Connect with Tom Miller Real Estate
Website: tommillerrealestate.ca
Call/Text: 506-262-7064
Direct Message: Send a DM to talk about what these numbers mean for your property!

09/05/2026

In 2026, knowing your budget when buying a house in New Brunswick is no longer just about the purchase price; it's about understanding the total cost of homeownership in a shifting economy.

Essential Budget Factors for New Brunswick Home Buyers

The Qualified Rate vs. The Real Rate: Buyers often calculate their monthly payments based on current interest rates, but the mortgage stress test is still the law of the land, requiring you to qualify at a higher rate.

The 2026 Property Tax Reality: The 2026 tax assessment freeze in New Brunswick is a major talking point, but it's critical to understand which homes qualify and which ones don't to avoid unexpected tax surprises after closing.

"Cash to Close" vs. Down Payment: A common mistake for first-time buyers is using all their savings for a down payment. A healthy budget allocates 1.5% to 4% of the home's purchase price for closing costs (lawyer fees, land transfer tax, title insurance, home inspection). If you have $20,000 saved, you don't have $20,000 available strictly for a down payment.

Leveraging 2026 Incentives: Maximize your purchasing power by pulling from registered savings programs like the First Home Savings Account (FHSA) and the Home Buyers' Plan (HBP).

The Lifestyle Buffer: Lenders use Gross Debt Service (GDS) ratios to determine your maximum borrowing capacity, but just because a bank approves you for $400,000 doesn't mean you should spend $400,000. Keep a buffer for your everyday lifestyle and unexpected home repairs.

Calculate Your True Home Buying Budget
Ready to find out what your signature on a mortgage really buys you in today's market? Direct message me "BUDGET" to crunch the numbers together!

Contact Tom Miller Real Estate

Website: tommillerrealestate.ca

Call/Text: 506-262-7064

09/05/2026