Fredericton is the capital of the Canadian province of New Brunswick. Fredericton is an important cultural, artistic and educational centre for the province and Fredericton Real Estate is a big part of this importance. Fredericton boasts two universities - the University of New Brunswick and the liberal arts focused St. Thomas University. Fredericton is also home to cultural institutions such as the Beaverbrook Art Gallery, many Fredericton Real Estate institutions, the York-Sunbury Museum and The Playhouse.  Fredericton is home to the annual Harvest Jazz and Blues Festival every fall which attracts regional and international jazz and blues artists. The city also contains a growing IT and commercial sector. The city boasts the highest percentage of residents with a post-secondary education in the province and one of the highest per capita incomes.

The population of the city of Fredericton is 48,000 (greater Fredericton 81,346, both per the 2001 census), although unofficial reports suggest a number closer to 50,750 (greater Fredericton 84,523) due to the student population which is often not counted in official censuses. Fredericton real estate is an important aspect of this population increase.  The first major expansion of the city occurred on July 1, 1945 when it amalgamated with the town of Devon. Fredericton real estate experienced a great boom at this time.  Today the city of Fredericton comprises Fredericton proper, and the boroughs of Silverwood, Nashwaaksis, Barker's Point and Marysville, which were incorporated into the city in 1973.