NL Home Sales Post Second Highest June On Record

July 19, 2022

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649 units sold in June 2022, a slight decline of 7.4% vs June 2021 but was still the second highest June reading on record, 43.6% above the 10-yr avg.

Residential activity in St. John’s posted an increase of 5.2% on a yr-over-yr basis, while activity in the rest of the province posted a 12.9% decline.

The overall MLS® benchmark price for single-family homes was $283,200 and $327,300 for NL and St. John’s respectively, up approximately 9% vs June 2021.

Active residential listings on the market numbered 3,133 units, down sharply by 33.2% vs June 2021. Active listings haven’t been this low in the month of June in more than a decade.

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Rob Burton FRI REALTOR® (709) 682-2345 Fellow of the Real Estate Institute Award Winning #TeamBurton Top 5 Atlantic Canada 2021