Fredericton is growing, and our housing supply needs to grow with it.
Meeting the City’s housing needs will take smart, thoughtful solutions. With the right partnerships and a shared commitment to progress, we can make it easier for everyone to find a place to call home.
Let’s Grow, Fredericton.
Fredericton’s Housing at a Glance
< 1%
Fredericton’s
current vacancy rate
+3,000
new Fredericton
residents in 2024
19,680
more housing units will be needed by 2044
1,340
additional units needed
per year for the next 10 years
14%
increase in population
since 2021
2,235
non-market housing units are currently needed
16%
of units have affordable rents for households earning 40K
85%
increase in the median sale price of a home in five years
More Housing is Good for Everyone
Expanding our housing options helps shape a better future for everyone.
Improves Affordability
Everyone deserves an affordable place to live. When supply meets demand, housing prices and rent pressure ease, making it easier for people to afford a home.
Supports the Local Workforce
Our city needs healthcare workers, teachers, service industry staff, and other essential employees. We need housing options in order to attract workers.
Offers More Choice
Not everyone’s housing needs are the same. More housing types give people options that fit their lifestyle and budget.
Brings Families Back Into Neighbourhoods
Infill and gentle density help families live in neighbourhoods they normally wouldn’t have access to.
Encourages Sustainable Growth
More walkable communities reduce sprawl, protect green space, and encourage public transit and active transportation.
Makes Better Use of Existing Infrastructure
Allowing more homes in areas with existing roads, transit, schools, and utilities is more cost-effective and efficient for the City and taxpayers.
Fredericton’s rental vacancy rate is less than 1%. We are currently short 3,010 housing units, and that number is rising. To meet future demand, we need to build an average of 1,340 new units per year.
The housing shortage puts real pressure on:
The Challenge
Young families trying to enter the housing market
Students struggling to find affordable apartments
Seniors seeking to stay close to family or downsize comfortably
Housing Growth that Works for Everyone
The City of Fredericton is introducing a variety of housing solutions designed to meet the needs of all residents—now and into the future.
Our approach focuses on:
A Mix of Housing Types
Including single-family homes, duplexes, garden suites, and multi-unit buildings.
Gentle Density
Adding homes in existing neighbourhoods and creating a more liveable, affordable city.
Allowing for Growth
In areas with planned infrastructure like parks, transit, and schools.
What the Housing Needs Assessment is Telling Us
In May 2025, the City of Fredericton released the executive summary of the 2025 Housing Needs Assessment, which confirms demand is outpacing supply, affordability is slipping, and without action, the gap will keep growing.
The need for more housing is severe
Fredericton needs 3,010 more homes today—and nearly 20,000 more by 2044.
Affordability is vanishing
In 2024, a household earning $60K could afford only 3% of homes on the market. Almost a third of renters are paying more than they can afford.
An economic issue
The housing shortage is affecting workers, employers, and vulnerable residents.
