September 21, 2021

Home sales in Newfoundland and Labrador set another new record for the month of August – the second highest monthly total ever!⁠

On a year-to-date basis, home sales totaled a record 4,273 units over the first eight months of the year, up sharply by 66.7% vs 2020.⁠

The MLS® composite benchmark price for NL was $319,800 in August 2021, a gain of 11.3% vs August 2020.⁠

NEW listings saw a modest gain of 1.9% (1,047) in August 2021 vs August 2020. This was the largest number of new listings added in the month of August in history!! ⁠

OVERALL residential listings numbered 4,399 units on the market at the end of August, down sharply by 12.6% from the end of August 2020. Active listings haven’t been this low in the month of August in more than five years!⁠


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