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Construction Market Intelligence
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Moncton construction market

What residential construction currently looks like in Moncton: activity relative to population, the building pipeline, nominal and real growth, and market mix — measured against 15 other Canadian markets.

Trailing 12 months ending June 2026 New Brunswick · census metropolitan area · population 196,143 (2025)

  • Apartment-heavy
  • High construction intensity
  • Declining real permit growth

Key metrics

Housing starts per 1,000 residents
13.47
2,643 starts in 12 months
1st of 16
Housing completions per 1,000 residents
15.97
3,133 completions
1st of 16
Units under construction per 1,000 residents
16.12
3,161 units at period end
4th of 16
Pending starts per 1,000 residents
3.33
654 units · secondary indicator
10th of 16
Residential permit value growth (constant dollars)
−25.9%
Nominal −24.1%
16th of 16
Residential construction price growth
+2.6%
Year over year
11th of 14
Renovation share of residential investment
37.1%
of residential investment
12th of 16
Apartment share of housing starts
73.9%
of housing starts
10th of 16

Current observations

  • Moncton recorded 2,643 housing starts over the trailing 12 months ending June 2026 — 13.47 per 1,000 residents, 1st of 16 tracked markets (median 8.33).
  • 16.12 units per 1,000 residents were under construction at period end (4th of 16 tracked markets), 1.0 times the 15.97 per 1,000 completed over the past 12 months.
  • Residential permit value fell 24.1% nominally and approximately 25.9% after adjusting for construction prices. The segments differ: in constant dollars, single-dwelling permit value changed +6.3% and multiple-dwelling −30.6%.
  • Renovation accounts for 37.1% of residential investment (12th of 16 tracked markets by renovation share). Apartments were 73.9% of housing starts and single-detached homes 11.0%.
  • Residential construction prices changed +2.6% year over year (11th of 14 tracked markets by price growth).
  • Pending starts — permits issued but not yet started — stood at 3.33 per 1,000 residents (10th of 16 tracked markets). This is a secondary indicator of the current backlog, not a forecast.

Generated from the published values on this page using fixed rules. They describe current measured conditions and are not forecasts.

Historical context

Monthly, as trailing 12-month totals (except units under construction, a month-end stock), 2019 to June 2026.

Housing starts by dwelling type

Trailing 12-month starts. Multi-unit = semi-detached, row and apartment.

  • Single-detached
  • Multi-unit
Housing starts by dwelling type, Jan 2019 to Jun 2026. Latest: Single-detached 292; Multi-unit 2,351. Full values in the table below the chart.01,0002,0003,00020192020202120222023202420252026
Show all monthly values as a table
Housing starts by dwelling type
Period endingSingle-detachedMulti-unit
January 2019207492
February 2019205492
March 2019206490
April 2019204562
May 2019204636
June 2019193787
July 2019180856
August 2019185954
September 20191851,108
October 20191831,042
November 20191851,133
December 20191911,051
January 20201931,059
February 20201971,059
March 20201961,105
April 20202011,111
May 20202021,163
June 20202061,048
July 20202011,329
August 20201851,336
September 20202081,164
October 20202341,184
November 20202331,160
December 20202361,472
January 20212381,560
February 20212391,562
March 20212401,516
April 20212591,526
May 20212841,636
June 20212941,682
July 20213161,417
August 20213281,469
September 20213261,466
October 20213151,553
November 20213051,636
December 20213041,442
January 20223061,364
February 20223021,364
March 20223021,438
April 20222981,387
May 20223061,422
June 20223041,511
July 20223051,591
August 20223211,695
September 20223171,882
October 20223111,772
November 20223141,815
December 20223131,715
January 20233111,710
February 20233111,708
March 20233091,636
April 20232951,766
May 20232731,620
June 20232731,555
July 20232541,467
August 20232531,576
September 20232421,497
October 20232471,738
November 20232411,692
December 20232511,867
January 20242521,947
February 20242522,115
March 20242532,127
April 20242662,107
May 20242652,322
June 20242542,355
July 20242702,425
August 20242602,441
September 20242652,720
October 20242642,700
November 20242882,663
December 20242792,718
January 20252822,631
February 20252822,727
March 20252842,862
April 20252732,835
May 20252812,730
June 20252952,818
July 20252762,986
August 20253012,905
September 20253022,609
October 20252982,459
November 20253012,653
December 20253112,489
January 20263122,631
February 20263112,459
March 20263132,494
April 20263162,595
May 20263072,534
June 20262922,351

Under construction and completions

Units under construction (month-end) and trailing 12-month completions.

  • Under construction
  • Completions (12 mo)
Under construction and completions, Jan 2019 to Jun 2026. Latest: Under construction 3,161; Completions (12 mo) 3,133. Full values in the table below the chart.01,0002,0003,0004,00020192020202120222023202420252026
Show all monthly values as a table
Under construction and completions
Period endingUnder constructionCompletions (12 mo)
January 2019650964
February 2019617955
March 2019573943
April 2019630866
May 2019656910
June 2019869926
July 2019964778
August 20191,029832
September 20191,170847
October 20191,117905
November 20191,296862
December 20191,191767
January 20201,099803
February 20201,050823
March 2020993881
April 20201,039903
May 20201,172849
June 20201,0501,073
July 20201,4041,082
August 20201,5101,032
September 20201,535999
October 20201,4271,100
November 20201,5241,157
December 20201,8361,055
January 20211,8631,027
February 20211,8041,041
March 20211,7001,043
April 20211,6801,138
May 20211,9081,178
June 20212,062958
July 20212,178961
August 20212,2231,086
September 20212,1671,163
October 20212,298999
November 20212,484983
December 20212,5501,034
January 20222,4481,086
February 20222,3041,166
March 20221,9971,443
April 20221,9571,406
May 20222,1701,464
June 20222,2731,620
July 20222,3711,722
August 20222,5271,731
September 20222,5941,790
October 20222,5081,892
November 20222,6522,115
December 20222,5622,170
January 20232,5362,087
February 20232,4512,026
March 20232,3911,705
April 20232,4951,679
May 20232,4921,727
June 20232,6581,581
July 20232,5891,638
August 20232,7941,697
September 20232,8641,603
October 20233,1251,500
November 20233,2861,295
December 20233,4131,263
January 20243,1691,564
February 20243,2471,569
March 20243,1161,652
April 20242,9751,885
May 20243,1691,897
June 20243,2092,044
July 20243,3471,923
August 20243,4022,083
September 20243,5352,305
October 20243,5132,569
November 20243,4512,780
December 20243,3803,006
January 20253,2982,747
February 20253,3302,891
March 20253,3992,830
April 20253,2352,820
May 20253,4242,733
June 20253,6082,694
July 20253,8532,739
August 20253,8222,765
September 20253,8292,598
October 20253,7142,541
November 20253,8902,501
December 20253,7412,449
January 20263,6412,626
February 20263,4332,693
March 20263,3922,845
April 20263,4672,711
May 20263,4612,840
June 20263,1613,133

Residential permit value: nominal and constant dollars

Trailing 12-month value, $ millions. Constant dollars are Statistics Canada’s price-adjusted series.

  • Nominal
  • Constant dollars
Residential permit value: nominal and constant dollars, Jan 2019 to Jun 2026. Latest: Nominal $402M; Constant dollars $378M. Full values in the table below the chart.$0M$200M$400M$600M20192020202120222023202420252026
Show all monthly values as a table
Residential permit value: nominal and constant dollars
Period endingNominalConstant dollars
January 2019$133M$182M
February 2019$134M$183M
March 2019$141M$191M
April 2019$140M$190M
May 2019$167M$225M
June 2019$169M$226M
July 2019$184M$246M
August 2019$198M$263M
September 2019$203M$269M
October 2019$189M$250M
November 2019$190M$251M
December 2019$191M$252M
January 2020$191M$253M
February 2020$190M$251M
March 2020$196M$258M
April 2020$203M$268M
May 2020$178M$234M
June 2020$210M$275M
July 2020$215M$280M
August 2020$198M$258M
September 2020$215M$277M
October 2020$231M$296M
November 2020$266M$338M
December 2020$280M$354M
January 2021$292M$369M
February 2021$298M$376M
March 2021$300M$376M
April 2021$343M$422M
May 2021$346M$423M
June 2021$325M$390M
July 2021$344M$406M
August 2021$357M$419M
September 2021$336M$390M
October 2021$353M$405M
November 2021$335M$380M
December 2021$326M$369M
January 2022$313M$353M
February 2022$325M$365M
March 2022$320M$359M
April 2022$308M$341M
May 2022$338M$370M
June 2022$371M$403M
July 2022$358M$387M
August 2022$341M$367M
September 2022$381M$407M
October 2022$396M$419M
November 2022$384M$405M
December 2022$382M$402M
January 2023$381M$402M
February 2023$365M$383M
March 2023$360M$378M
April 2023$343M$358M
May 2023$351M$362M
June 2023$312M$321M
July 2023$314M$321M
August 2023$327M$334M
September 2023$308M$313M
October 2023$279M$280M
November 2023$318M$319M
December 2023$368M$367M
January 2024$369M$369M
February 2024$381M$381M
March 2024$394M$393M
April 2024$401M$398M
May 2024$387M$383M
June 2024$402M$396M
July 2024$443M$436M
August 2024$465M$456M
September 2024$462M$452M
October 2024$467M$456M
November 2024$438M$426M
December 2024$399M$388M
January 2025$458M$445M
February 2025$491M$476M
March 2025$494M$478M
April 2025$518M$501M
May 2025$524M$505M
June 2025$529M$510M
July 2025$459M$442M
August 2025$447M$429M
September 2025$438M$420M
October 2025$441M$422M
November 2025$432M$413M
December 2025$461M$440M
January 2026$415M$396M
February 2026$418M$398M
March 2026$425M$403M
April 2026$393M$372M
May 2026$369M$348M
June 2026$402M$378M

Market mix

Housing starts by dwelling type, 12 months

Housing starts by dwelling type in Moncton
Dwelling typeStartsShare
Single-detached29211.0%
Semi-detached1907.2%
Row2097.9%
Apartment and other1,95273.9%

Rental-intended starts: 74.3% of all starts.

Renovation vs. new construction

Renovation 37.1% New construction 62.9%

Share of residential building investment. Alterations are 5.5% of residential permit value (a separate source).

Growth: nominal and constant dollars

Nominal and constant-dollar growth, trailing 12 months ending June 2026 versus the prior 12 months
SeriesNominalConstant $
All residential permits−24.1%−25.9%
Single-dwelling buildings+8.1%+6.3%
Multiple-dwelling buildings−28.7%−30.6%
Residential building investment−4.8%−6.7%

Nominal growth includes construction-price change; constant-dollar growth is Statistics Canada’s price-adjusted series. They are shown side by side rather than subtracted.

All published metrics

All published construction metrics for Moncton, trailing 12 months ending June 2026
MetricMonctonDefinition
Population196,143July 1 population estimate for the census metropolitan area.
Housing starts, trailing 12 months2,643Dwelling units started over the trailing 12 months (CMHC Starts and Completions Survey).
Housing starts per 1,000 residents13.47Housing starts (all dwelling types) over the trailing 12 months divided by the CMA population estimate, per 1,000 residents.
Housing starts, change vs prior 12 months−15.1%Change in trailing-12-month housing starts compared with the 12 months before.
Housing completions, trailing 12 months3,133Dwelling units completed over the trailing 12 months.
Housing completions per 1,000 residents15.97Dwelling units completed over the trailing 12 months divided by the CMA population estimate, per 1,000 residents.
Completions, change vs prior 12 months+16.3%Change in trailing-12-month completions compared with the 12 months before.
Units under construction3,161Dwelling units under construction at the end of the reference period.
Units under construction per 1,000 residents16.12Dwelling units under construction at the end of the reference period (a stock, not a 12-month flow) per 1,000 residents.
Under construction, change vs a year earlier−12.4%Change in units under construction compared with the same month a year earlier.
Pending starts654Units with a building permit issued but not yet started, at the end of the reference period.
Pending starts per 1,000 residents3.33Units with a building permit issued but not yet started, at the end of the reference period, per 1,000 residents. A secondary indicator of the current pipeline, not a forecast of starts.
Pending starts, change vs a year earlier−25.3%Change in pending starts compared with the same month a year earlier.
Dwelling units authorized per 1,000 residents11.13Dwelling units created by building permits issued over the trailing 12 months, per 1,000 residents.
Authorized units, change vs prior 12 months−36.8%Change in dwelling units authorized by building permits compared with the prior 12 months.
Residential permit value, trailing 12 months$402MValue of residential building permits, current dollars.
Residential permit value growth (nominal)−24.1%Change in the value of residential building permits over the trailing 12 months versus the prior 12 months, in current dollars.
Residential permit value growth (constant dollars)−25.9%The same change measured with Statistics Canada’s constant-dollar permit values, which remove construction-price change.
Residential investment growth (nominal)−4.8%Change in residential building investment over the trailing 12 months versus the prior 12 months, current dollars.
Residential investment growth (constant dollars)−6.7%The same change measured in Statistics Canada’s constant-dollar investment series.
Residential construction price index (2023 = 100)106.8Average of the four latest quarterly index values, 2023 = 100. Each market is indexed to its own 2023 prices, so index levels show price change within a market and cannot be compared across markets.
Residential construction price growth+2.6%Change in the residential building construction price index (average of the four latest quarters versus the four before). Not published for every CMA.
Renovation share of residential investment37.1%Renovation spending as a share of total residential building investment over the trailing 12 months.
Alterations share of residential permit value5.5%Permit value for alterations and improvements as a share of all residential permit value — an independent view of renovation activity.
Apartment share of housing starts73.9%Apartment and other unit types as a share of all housing starts over the trailing 12 months.
Single-detached share of housing starts11.0%Single-detached units as a share of all housing starts over the trailing 12 months.
Rental share of housing starts74.3%Starts intended for the rental market as a share of all starts over the trailing 12 months.

Compare Moncton

Where Moncton ranks

Analysis of this market

These articles retain their original data periods; the tables on this page show current figures.

  • Moncton delivered more homes as its housing pipeline shrank

    Moncton leads 16 tracked markets in housing delivery per capita, but weaker June approvals, a renovation shift and firmer September figures complicate the picture.

    Published

    Data period: 12 months ending June 2026; separate January–September 2026 update

Sources and data period

Figures cover the trailing 12 months ending June 2026, the latest period published for all 16 markets. Source data retrieved through September 12, 2026. This page was built on November 8, 2026; the build date is not the data period. Values not published by the source are shown as “Not published”, never estimated.

Methodology, definitions and limitations

Dataset generated September 13, 2026.

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    Construction Market Intelligence

    An independent publication built from official Statistics Canada and CMHC data. Current data: trailing 12 months ending June 2026.

    Contains information licensed under the Open Government Licence – Canada. Not affiliated with or endorsed by Statistics Canada or CMHC.