What a home costs in Moncton, what you pay to close, and how much a physician program lets you buy.
Benchmark price for Moncton, July 2026, from the New Brunswick Real Estate Board, Moncton and Area, July 2026. Moncton and Area board figure. Other cities show the MLS Home Price Index benchmark unless marked. Figures reviewed August 2026.
A physician program could add
$0
to the home you can buy.
Estimate at 4.49%, stress tested at 6.49%, with 10% down, below the $1.5M insured limit.
New Brunswick charges a Real Property Transfer Tax of 1% of the greater of the purchase price or the assessed value. On a $380,000 home that is roughly $3,800, far below Ontario or BC land transfer tax on a comparable purchase.
Sources: New Brunswick, Real Property Transfer Tax Act. Rates reviewed August 2026.
Physician programs qualify residents on $185,000 in PGY-1 and PGY-2 and $225,000 from PGY-3, not on these salaries.
Maritime Resident Doctors, Maritime Resident Doctors 2024-2027 agreement, schedule A, in effect from July 2026.
How much is land transfer tax in Moncton?
New Brunswick charges a Real Property Transfer Tax of 1% of the greater of price or assessed value. On a $380,000 home that is roughly $3,800, far below Ontario or BC.
Is Moncton a good market for physicians?
Yes. Moncton is affordable and fast-growing, with both anglophone and francophone teaching hospitals and a low 1% property transfer tax.
