Graph and download economic data for Real Residential Property Prices for Canada (QCAR628BIS) from Q1 1970 to Q2 2025 about Canada, residential, HPI, housing, real, price index, indexes, and price.

Housing markets in the United States and Canada are similar in many respects, but each has fared quite differently since the onset of the financial crisis. A comparison of the two markets suggests that relaxed lending standards likely played a critical role in the U.S. housing bust.

New housing price index (NHPI). Monthly data are available from January 1981. The table presents data for the most recent reference period and the last four periods. The base period for the index is (201612=100).

Portugal, Canada, and the United States were the countries with the highest house price to income ratio in 2024. In all three countries, the index exceeded 130 index points, while the average for all OECD countries stood at 116.2 index points. The index measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. An index value of 120, for example, would mean that house price growth has outpaced income growth by 20 percent since 2015. How have house prices worldwide changed since the COVID-19 pandemic? House prices started to rise gradually after the global financial crisis (2007–2008), but this trend accelerated with the pandemic. The countries with advanced economies, which usually have mature housing markets, experienced stronger growth than countries with emerging economies. Real house price growth (accounting for inflation) peaked in 2022 and has since lost some of the gain. Although, many countries experienced a decline in house prices, the global house price index shows that property prices in 2023 were still substantially higher than before COVID-19. Renting vs. buying In the past, house prices have grown faster than rents. However, the home affordability has been declining notably, with a direct impact on rental prices. As people struggle to buy a property of their own, they often turn to rental accommodation. This has resulted in a growing demand for rental apartments and soaring rental prices.

Observations from the MSL housing price index that measures the development of house prices in Canada since 2005 show single-family house prices increased year-on-year, with the exception of a couple of slight corrections in 2008, 2018, and 2022. The index value was set to 100 index points in January 2005 and as of December 2022, it reached ***** index points. A similar trend can be seen in the apartment price index and the composite housing price index in Canada over the same period of time.

Canada Construction Price Index: New Housing data was reported at 154.600 1997=100 in 2009. This records a decrease from the previous number of 158.200 1997=100 for 2008. Canada Construction Price Index: New Housing data is updated yearly, averaging 142.000 1997=100 from Dec 2003 (Median) to 2009, with 7 observations. The data reached an all-time high of 158.200 1997=100 in 2008 and a record low of 116.700 1997=100 in 2003. Canada Construction Price Index: New Housing data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.EA015: Construction Price Index: 1997=100.

This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...).

Canada House Price Index: New Housing: Saskatoon data was reported at 119.900 2007=100 in Dec 2016. This records an increase from the previous number of 119.600 2007=100 for Nov 2016. Canada House Price Index: New Housing: Saskatoon data is updated monthly, averaging 53.600 2007=100 from Jan 1981 (Median) to Dec 2016, with 432 observations. The data reached an all-time high of 126.900 2007=100 in May 2008 and a record low of 39.500 2007=100 in Feb 1981. Canada House Price Index: New Housing: Saskatoon data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.EB006: House Price Index: 2007=100.

Datasource: Statistics Canada. 2003. Profile for Canada, Provinces, Territories, Census Divisions and Census Subdivisions, 2001 Census (table). Cumulative Electronic Profiles. Statistics Canada Catalogue no. 95F0495XCB01001. Ottawa. October 22, 2003. http://www12.statcan.ca/english/census01/products/standard/profiles/List... (accessed November 7, 2008). Statistics Canada. 2009. 2001 Census Semi-Custom Profile of Selected CSD Aggregates in Yukon, 2001 Census (tables). J5543 and CRO0105914. Ottawa. November 7, 2008. Footnotes: A value of 0 in any given cell represents one of the following: 1) value is actually zero; 2) value may be random rounded to zero; or 3) value is more than zero but is suppressed for confidentiality reasons. Values have been subjected to a confidentiality procedure known as random rounding. For Statistics Canada's definition of terms, http://www12.statcan.ca/english/census01/Products/Reference/dict/atoz.htm.

Local Government Tax Rates and Assessments - Taxes and Charges on a Representative House 2008. Municipal tax rate bylaws are required to be adopted before May 15th of each year. Tax rate files and tax burden files are available in July of that same year. Previous year data may be requested electronically.

Canada GDP: 2002p: saar: FR: RR: Offices of Real Estate Agents & Brokers & Related Activities data was reported at 5,503.000 CAD mn in Oct 2012. This records a decrease from the previous number of 5,552.000 CAD mn for Sep 2012. Canada GDP: 2002p: saar: FR: RR: Offices of Real Estate Agents & Brokers & Related Activities data is updated monthly, averaging 5,978.000 CAD mn from Jan 1997 (Median) to Oct 2012, with 190 observations. The data reached an all-time high of 7,242.000 CAD mn in Mar 2004 and a record low of 4,054.000 CAD mn in Dec 2008. Canada GDP: 2002p: saar: FR: RR: Offices of Real Estate Agents & Brokers & Related Activities data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.A060: CSNA 1997: GDP: by Industry: 2002 Price: saar. Annualized monthly data

Datasource: Statistics Canada. 2008. Profile for Canada, Provinces, Territories, Census Divisions and Census Subdivisions, 2006 Census (table). Cumulative Electronic Profiles. Statistics Canada Catalogue no. 95F0495XCB01001. Ottawa. May 01, 2008. Version modified July 29,2008. http://www12.statcan.ca/english/census06/data/profiles/release/ListProdu... (accessed November 7, 2008). Statistics Canada. 2009. 2006 Semi-custom Profile of Yukon CSD Aggregations, 2006 Census (table). CRO0104245. Ottawa. March 17, 2009. Footnotes: A value of 0 in any given cell represents one of the following: 1) value is actually zero; 2) value may be random rounded to zero; or 3) value is more than zero but is suppressed for confidentiality reasons. The total number of occupied private dwellings by structural type is based on . The rest of the table is based on 20% data. Values have been subjected to a confidentiality procedure known as random rounding. For Statistics Canada's definition of terms, '(definitions)#Suppression' suppression

Canada CA: Construction Price Index: Apartment: Edmonton data was reported at 167.300 2002=100 in Dec 2017. This records an increase from the previous number of 166.400 2002=100 for Sep 2017. Canada CA: Construction Price Index: Apartment: Edmonton data is updated quarterly, averaging 101.400 2002=100 from Mar 1988 (Median) to Dec 2017, with 120 observations. The data reached an all-time high of 175.000 2002=100 in Sep 2008 and a record low of 65.100 2002=100 in Mar 1988. Canada CA: Construction Price Index: Apartment: Edmonton data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.EA013: Construction Price Index: 2002=100.

Canada GDP: 2007p: saar: HS: Nursing & Residential Care Facilities data was reported at 17,965.000 CAD mn in Aug 2018. This records an increase from the previous number of 17,883.000 CAD mn for Jul 2018. Canada GDP: 2007p: saar: HS: Nursing & Residential Care Facilities data is updated monthly, averaging 15,715.000 CAD mn from Jan 2007 (Median) to Aug 2018, with 140 observations. The data reached an all-time high of 17,965.000 CAD mn in Aug 2018 and a record low of 13,534.000 CAD mn in May 2008. Canada GDP: 2007p: saar: HS: Nursing & Residential Care Facilities data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.A053: CSNA 2012: GDP: by Industry: 2007 Price: saar.

Canada GDP: CL 2017p: saar: HS: Nursing & Residential Care Facilities data was reported at 29,007.000 CAD mn in Jan 2025. This records an increase from the previous number of 28,971.000 CAD mn for Dec 2024. Canada GDP: CL 2017p: saar: HS: Nursing & Residential Care Facilities data is updated monthly, averaging 20,835.000 CAD mn from Jan 2007 (Median) to Jan 2025, with 217 observations. The data reached an all-time high of 29,007.000 CAD mn in Jan 2025 and a record low of 16,964.000 CAD mn in Jun 2008. Canada GDP: CL 2017p: saar: HS: Nursing & Residential Care Facilities data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.A030: CSMA: GDP by Industry: Chain Linked 2017 Price: saar.

This statistic shows the value of **** percent down payment needed to buy median condominium apartment in the Greater Vancouver area from 2008 to 2018. In 2018, a **** percent down payment for the median condo apartment amounted to ****** Canadian dollars.

Canada GDP: CL 2012p: saar: HS: Nursing & Residential Care Facilities data was reported at 19,797.000 CAD mn in Sep 2018. This records an increase from the previous number of 19,740.000 CAD mn for Aug 2018. Canada GDP: CL 2012p: saar: HS: Nursing & Residential Care Facilities data is updated monthly, averaging 17,193.000 CAD mn from Jan 2007 (Median) to Sep 2018, with 141 observations. The data reached an all-time high of 19,797.000 CAD mn in Sep 2018 and a record low of 14,851.000 CAD mn in Jun 2008. Canada GDP: CL 2012p: saar: HS: Nursing & Residential Care Facilities data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.A012: CSNA 2012: GDP: by Industry: Chain Linked 2012 Price: saar.

Following the drastic increase directly after the COVID-19 pandemic, the delinquency rate started to gradually decline, falling below *** percent in the second quarter of 2023. In the second half of 2023, the delinquency rate picked up but remained stable throughout 2024. In the second quarter of 2025, **** percent of mortgage loans were delinquent. That was significantly lower than the **** percent during the onset of the COVID-19 pandemic in 2020 or the peak of *** percent during the subprime mortgage crisis of 2007-2010. What does the mortgage delinquency rate tell us? The mortgage delinquency rate is the share of the total number of mortgaged home loans in the U.S. where payment is overdue by 30 days or more. Many borrowers eventually manage to service their loan, though, as indicated by the markedly lower foreclosure rates. Total home mortgage debt in the U.S. stood at almost ** trillion U.S. dollars in 2024. Not all mortgage loans are made equal ‘Subprime’ loans, being targeted at high-risk borrowers and generally coupled with higher interest rates to compensate for the risk. These loans have far higher delinquency rates than conventional loans. Defaulting on such loans was one of the triggers for the 2007-2010 financial crisis, with subprime delinquency rates reaching almost ** percent around this time. These higher delinquency rates translate into higher foreclosure rates, which peaked at just under ** percent of all subprime mortgages in 2011.

建筑业价格指数：新增住房在12-01-2009达154.6001997=100，相较于12-01-2008的158.2001997=100有所下降。建筑业价格指数：新增住房数据按年更新，12-01-2003至12-01-2009期间平均值为142.0001997=100，共7份观测结果。该数据的历史最高值出现于12-01-2008，达158.2001997=100，而历史最低值则出现于12-01-2003，为116.7001997=100。CEIC提供的建筑业价格指数：新增住房数据处于定期更新的状态，数据来源于Statistics Canada，数据归类于全球数据库的加拿大 – Table CA.EA015: Construction Price Index: 1997=100。