The housing market in Newfoundland & Labrador remains steady this coming winter, showing more resilience than many other provinces. In early 2025, home sales surged by nearly 29% compared to last year, and while new listings have gradually increased, inventory remains tight — especially in St. John’s, where available homes are well below long-term averages. On the construction side, housing starts are up by almost…
As of April 1, 2025, the Government of Newfoundland and Labrador has implemented the Mortgage Brokerages and Brokers Act, introducing updated regulations for the province’s mortgage industry. These new rules are designed to protect homebuyers and homeowners by improving transparency, professionalism, and accountability among mortgage brokers and brokerages. What’s Changing Under the new Act, all…
Located on Canada’s east coast, Newfoundland and Labrador is known for its breathtaking scenery, welcoming communities, and affordable cost of living. With more than 29,000 km of coastline, it offers plenty of space and opportunity for homebuyers looking for comfort and value. As of August 2025, the average home price in Newfoundland and Labrador was…