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Newfoundland and Labrador · housing market · September 2026

Newfoundland and Labrador housing market, September 2026

Figures from the Newfoundland and Labrador Association of REALTORS® for September 2026, and what they mean for the down payment and the cash to close.

What is the average house price in Newfoundland and Labrador?

$372,633 in September 2026, +7.0% on a year earlier, on 641 sales (+5.1%), according to the Newfoundland and Labrador Association of REALTORS®. The MLS® HPI benchmark, which prices a typical home, was $355,600 (+5.5%). Inventory: 4.3 months.

$372,633
Average sale price, September 2026 (+7.0%)
641
Homes sold (+5.1%)
4.3
Months of inventory
$18,632
Minimum down payment on that price

Newfoundland and Labrador, September 2026

Newfoundland and Labrador Association of REALTORS®, CREA board statistics (https://creastats.crea.ca/board/stjo/), September 2026; checked 2026-10-24. Change is on the same month a year earlier, as the board publishes it.
MeasureSeptember 2026On a year earlier
Average sale price$372,633+7.0%
Homes sold641+5.1%
Benchmark price (MLS® HPI)$355,600+5.5%
Months of inventory4.3—
St. John’s, benchmark price$421,800—

Newfoundland and Labrador city pages: St. John’s

The same page for: Nova Scotia · New Brunswick · Prince Edward Island

Licensing: Indi, The Independent Mortgage Company Ltd., Mortgage Brokerage, licensed in Newfoundland and Labrador (licence 26-07-IN146-1); your file is completed by Indi’s Newfoundland and Labrador-licensed mortgage broker; Riley Oickle, Associate Mortgage Broker (Nova Scotia), is your point of contact. Licences by province.

Go deeper

The detail, if you want it

What the price means for a buyer

On $372,633 the insured minimum down payment is $18,632 and the deed registration and mortgage registration come to $3,160. With legal, appraisal and inspection at Riley’s 1% rule of thumb, the cash to buy is about $25,518.

Closing costs in Newfoundland and Labrador →

Average, benchmark and months of inventory

An average sale price moves with the mix of homes that sold that month. The MLS® HPI benchmark prices a typical home of fixed features, so it is steadier. Months of inventory is active listings divided by monthly sales: how long the stock would last at the current pace.

How often this page changes

Monthly, when the Newfoundland and Labrador Association of REALTORS® publishes. Every figure carries its source and the day it was checked; the board’s own page is linked in the table caption.

Why a broker

Licensed, independent, paid by the lender

  • Licensed across Atlantic Canada Indi Mortgage brokerage licences in NS, NB and NL (PEI has no licensing regime); Riley Oickle, Associate Mortgage Broker, NS 3001134
  • $0 broker fee On a standard residential mortgage the lender pays, not you
  • 33 lenders, one application Banks, credit unions, monolines; one credit check

Questions people ask

What is the average house price in Newfoundland and Labrador?

$372,633 in September 2026, +7.0% on a year earlier. Benchmark by area: St. John’s $421,800.

Are house prices going up in Newfoundland and Labrador?

In September 2026 the average price was +7.0% on a year earlier and sales were +5.1%. One month is a snapshot; the board’s page shows the trend.

How many homes sold in Newfoundland and Labrador in September 2026?

641 through the board, +5.1% on September 2025.

What is the difference between the average and the benchmark price?

The average divides the value of every sale by the number of sales, so it shifts with the mix. The MLS® HPI benchmark prices a typical home with fixed features, so it shows the underlying change.

Riley Oickle, associate mortgage broker

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