April 2022 | Statistics Canada
Building permit values – residential*†
Vacancy rates – commercial*
Q1 2022 | Cushman Wakefield
Vacancy rates – residential*
2021 | CMHC
Rent – commercial*
Average apartment rent – residential*
May 2022 | CMHC
AVERAGE HOME PRICE*
May 2022 | CREA
*Greater Moncton CMA † Represented in thousands
Housing prices in the Greater Moncton CMA have increased nearly 40% since last year.
Housing in the region remains affordable relative to many other Canadian cities, including Halifax, Montreal, and Toronto.
The region had record housing starts in 2020 and 2021 (see below), which may ease housing supply shortages.
Residential rent in the Greater Moncton CMA increased nearly 11% from 2020 to 2021.
Vacancy rates were extremely small in 2021, with 3-bedroom units having 0% vacancy.
Over half of housing starts from 2019 to 2021 were apartment units. Record-setting, high-density housing starts may ease rental supply shortages.
*New and existing structures of three units and over.