Policy2.25%Prime4.45%5Y posted6.09%
BOC · Official series

V105 CITY PROFILE · NL

St. John's

Tight rental + soft prices · baseline updated February 2026.
Market trends →
Benchmark price$345,000 0.8%
Average 2BR rent$1,3612% vacancy
Estimated mortgage$1,793/mobaseline assumption
Population212.6K2021 census baseline

Market scores

Affordability97

Relative purchasing accessibility compared with local incomes.

Rental competition100

Higher scores indicate a tighter rental market.

Investment potential87

Composite yield, growth and market-balance signal.

New construction34

Recent housing construction and permit momentum.

Market activity38

Price movement and buyer-activity conditions.

Buyer demand50

Population, migration and housing-demand pressure.

Housing supply75

How closely housing supply is keeping pace with demand.

Overall score65

Combined market, affordability, supply and demand rating.

Housing economics

Price-to-rent ratio
21.12
Gross rent yield
4.73%
Payment-to-rent ratio
1.318×
Building permits
$47M
Stress-test rate
8.09%
Historical payment median
$2,030