REGIONAL GROWTH DASHBOARD

AVERAGE SINGLE FAMILY HOME PRICE

$329,789

$53,692

2021: $270,097
2019: $196,700

Canadian Real Estate Association, March 2022

OFFICE VACANCY RATE

18.38%

 1.08%

2020: 17.3%
2019: 18.3%

Source: Turner Drake & Partners, Ltd., Dec 2021

BUILDING PERMIT VALUES

$139.8 million

 $3.1 million

2020: $136.7 million
2019: $117.9 million

Source: Statistics Canada, August YTD 2022

HOUSING STARTS – SINGLE FAMILY
YEAR TO DATE: AUGUST 2022

185

5

2021: 190
2020: 3

Source: CMHC, October 2022

HOUSING STARTS – MULTI-FAMILY
YEAR TO DATE: AUGUST 2022

192

56

2021: 136
2020: 230

Source: CMHC, October 2022

PORT CARGO (TONNES)

28.8 million

2.8 million

2020: 26 million
2019: 25.3 million

Source: Port Saint John, Jan. 2021

VISITORS

975,000

323,000

2020: 652,000
2019: 1,700,000

Source: Tourism Economics, 2021

VISITOR SPENDING

$185 million

$55 million

2020: $130 million
2019: $318 million

Source: Tourism Economics, 2021

HOTEL OCCUPANCY RATE

72.6%

30.3%

2021: 55.7%
2020: 26.3%

Source: Smith Travel Research, October 2022

AIR PASSENGERS

55,749

-3,351

2020: 59,100
2019: 281,100

Source: Saint John Airport, Jan. 2022

CRUISE SHIP VISITORS

160,000

18.4%
(Compared to 2019)

2020/2021: 0
2019: 196,032

Source: Saint John Port Authority, Nov. 2022