In a significant shift in Canada’s real estate landscape, Fredericton, New Brunswick, has been ranked as the best place to buy real estate in Canada in 2025. This recognition comes from a comprehensive analysis by MoneySense and Zoocasa, which evaluated 44 regions across the country.
Fredericton’s rise to the top is attributed to its affordable housing market, consistent growth, and high quality of life. With a benchmark home price of $310,925—over $400,000 below the national average—the city offers exceptional value for homebuyers.
Over the past five years, Fredericton has experienced a 72% increase in home values, indicating a robust and growing market. The city’s safety index stands at 67.28, and residents enjoy a comfortable median after-tax income of $69,000.
New Brunswick’s Affordability Compared to Other Provinces
While the national average home price in Canada hovers around $679,866, New Brunswick stands out for its affordability. For instance, the average home price in New Brunswick is significantly lower than in provinces like Ontario ($830,000) and British Columbia ($1,010,000). This affordability makes New Brunswick, and Fredericton in particular, an attractive option for homebuyers seeking value without compromising on quality of life.
Why is Fredericton the Best Place to Buy Real Estate In Canada?
Fredericton, the capital of New Brunswick, offers a harmonious blend of natural beauty, cultural richness, and economic opportunity, making it an exceptional place to live. With a population of just over 71,000 (as of 2023), Fredericton is large enough to offer everything you need—quality healthcare, excellent schools, career opportunities, and vibrant cultural experiences—yet small enough to avoid the congestion or anonymity of a major urban centre. There’s a sense of familiarity here, and a strong sense of community that’s hard to miss.
The city boasts over 138 parkland locations, encompassing more than 900 hectares of green space, including the expansive Odell Park and the scenic trails along the Saint John River, providing residents with ample opportunities for outdoor recreation.
As the administrative heart of the province, Fredericton is a hub for government employment, offering numerous career opportunities in public service. Healthcare access is facilitated by facilities like the Dr. Everett Chalmers Regional Hospital and several community health centers, ensuring residents have essential medical services within reach.
The city’s central location in New Brunswick provides strategic connectivity to other major centres, enhancing its appeal for both residents and businesses. Fredericton’s vibrant arts and culture scene is evident through institutions like the Beaverbrook Art Gallery and events such as the Harvest Jazz & Blues Festival, reflecting a community that values creativity and expression.
Educationally, Fredericton is home to esteemed institutions like the University of New Brunswick and St. Thomas University, offering diverse academic programs and contributing to a dynamic, youthful population. This combination of natural charm, cultural vibrancy, and institutional presence underscores Fredericton’s status as a desirable and livable Canadian city.
Saint John and Moncton: Strong Contenders
Saint John, another New Brunswick city, ranks third in the 2025 real estate rankings. With a benchmark home price of $311,225, it offers similar affordability to Fredericton. The city has seen a 71% increase in home values over the past five years and boasts a strong healthcare index of 71.80.
Moncton continues to be a desirable place to buy a home, maintaining its position in the top 10. The city’s low home prices and steady economic growth contribute to its appeal.
Zoning Changes: Up to Four Units Per Lot
In response to the growing demand for housing, both Fredericton and Moncton have implemented zoning by-law amendments allowing up to four dwelling units per lot across the city. This change aims to increase housing density and affordability, providing more options for residents and investors alike. It’s important to note that these amendments come with specific limitations and restrictions to ensure community standards are maintained.
Attracting Buyers from Other Provinces
New Brunswick’s affordability, combined with its high quality of life, has attracted buyers from across Canada. Factors such as lower cost of living, access to nature, and a strong sense of community appeal to those seeking a change from the high-paced urban centers. Additionally, the province’s investment in infrastructure and services enhances its attractiveness to newcomers.
Interested in Learning More?
If you’re considering investing in real estate, now is the time to explore opportunities in Fredericton and the surrounding areas. As a REALTOR® with RE/MAX East Coast Elite, I am dedicated to helping you find the perfect property that aligns with your lifestyle and investment goals.
Explore the possibilities that Fredericton, and frankly all of New Brunswick has to offer and take the first step toward your real estate investment today.
Note: For the most current listings and personalized assistance, please reach out directly.
