Property Prices in Moncton, Canada

Index Info
Price to Income Ratio: 13.46
Mortgage as Percentage of Income: 113.78%
Loan Affordability Index: 0.88
Price to Rent Ratio - City Centre: 49.74
Price to Rent Ratio - Outside of Centre: 22.45
Gross Rental Yield (City Centre): 2.01%
Gross Rental Yield (Outside of Centre): 4.45%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,196.56 C$ 1,075.00-1,400.00
Apartment (1 bedroom) Outside of Centre 968.75 C$ 875.00-1,100.00
Apartment (3 bedrooms) in City Centre 1,968.33 C$ 1,800.00-2,500.00
Apartment (3 bedrooms) Outside of Centre 1,557.69 C$ 1,400.00-1,700.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,159.60 C$ 250.84-2,002.98
Price per Square Feet to Buy Apartment Outside of Centre 419.68 C$ 186.08-849.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,158.33 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.79 2.20-8.75

These data are based on 115 entries in the past 18 months from 23 different contributors.
Last update: June 2023

Sources and References
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