St. John's, NL home prices: new homes, rents and vacancy

Statistics Canada's new housing price index for St. John's stood at 108.5 (December 2016 = 100) in September 2026, down 1.2% over a year and up 6.1% over five years. The average two-bedroom rent was C$1,348 in the October 2025 survey, up 8.5% on the year before. Rental vacancy was 1.6%. Builders started 1,160 homes in the last 12 months. Our simple reading of these numbers: prices steady.

Updated November 04, 2026.

Reading: Prices steady

The numbers

New housing price index (December 2016 = 100)

What the numbers say

• New-home prices about flat (-1.2% over a year).
• Rental vacancy 1.6% (-0.3 points in a year): very tight, renters have little choice.
• Average two-bedroom rent up 8.5% over a year.
• Housing starts in the last 12 months up 12% on the 12 months before (more new supply coming).

Source: Statistics Canada (New Housing Price Index, table 18-10-0205-01) and CMHC via Statistics Canada (average rents, rental vacancy and housing starts, tables 34-10-0133, 34-10-0127 and 34-10-0154). Adapted from Statistics Canada under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada of this product.

Canadian city prices are Statistics Canada's index of NEW homes (house and land, December 2016 = 100). Resale prices, sales and listings by city belong to CREA and the local real estate boards and need a licence — they will be added once licensed. Rents and vacancy come from CMHC's October rental survey. For British Columbia, BC cities & towns shows actual sales and prices in every municipality from the Province's property transfer tax data.

Statistics for information and education only — not real estate, financial or investment advice. Figures are monthly or yearly averages for a whole metro area; a single home or neighbourhood can differ a lot.

Updated November 04, 2026. Sources: Statistics Canada, CMHC via Statistics Canada. Educational information only - not financial advice.