In the first half of 2020, Vancouver and Toronto were the leading markets for luxury homes in Canada. In Vancouver, the number of luxury real estate sales was *****, with the majority of properties falling within the *** to **** million Canadian dollars price range. Vancouver was also the most expensive market for luxury homes in Canada.

Average House Prices in Canada increased to 688800 CAD in October from 687600 CAD in September of 2025. This dataset includes a chart with historical data for Canada Average House Prices.

The average Canadian house price declined slightly in 2023, after four years of consecutive growth. The average house price stood at ******* Canadian dollars in 2023 and was forecast to reach ******* Canadian dollars by 2026. Home sales on the rise The number of housing units sold is also set to increase over the two-year period. From ******* units sold, the annual number of home sales in the country is expected to rise to ******* in 2025. British Columbia and Ontario have traditionally been housing markets with prices above the Canadian average, and both are set to witness an increase in sales in 2025. How did Canadians feel about the future development of house prices? When it comes to consumer confidence in the performance of the real estate market in the next six months, Canadian consumers in 2024 mostly expected that the market would go up. A slightly lower share of the respondents believed real estate prices would remain the same.

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.

This table contains data described by the following dimensions (Not all combinations are available): Geography (11 items: Canada; Prince Edward Island; Nova Scotia; Newfoundland and Labrador ...), Housing estimates (3 items: Housing starts; Housing under construction; Housing completions ...), Type of unit (6 items: Total units; Semi-detached; Single-detached; Multiples ...).

Data on the number of residential property owners and the total assessment value of the properties they owned by ownership type, residency status and number of properties owned. The table also includes data on the number of resident buyers of properties sold in a market and a non-market sale, during the previous reference period, and data on the sale price of those properties sold in a market sale.

In 2024, there were more new home construction starts in Canada than in the previous year. Construction starts peaked in 2021, when there were ******* housing units whose construction started that year. Despite the restrictions imposed in Canada during the COVID-19 pandemic, the industry managed to continue operating, with increases in the number of housing starts in 2020 and 2021. How many homes are under development? In 2023, the number of housing units that were under construction in Canada was approximately ******** units. After a period of stagnation until 2016, the housing industry witnessed a significant surge in construction activity. Numerous factors are attributed to this rise, including the heightened demand for housing, an expanding economy that encouraged investment, and the response to the shortage of housing. How expensive are homes in Canada? In 2024, the average cost of a house in Canada was around ******* Canadian dollars. The average house price had increased that year by ****** Canadian dollars compared in 2024 compared to the previous year. The house price-to-income ratio in Canada increased slightly in the third quarter of 2024.

Home Sales in Canada increased to 40423 units in October from 40067 units in September of 2025. This dataset includes a chart with historical data for Canada Home Sales.

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).

Residential property estimates by geography, property type, period of construction and residency participation.

The Canadian property insurance market, while exhibiting resilience, is undergoing significant transformation driven by several key factors. The period between 2019 and 2024 showed steady growth, likely influenced by increasing property values, a growing population, and heightened awareness of potential risks like climate change-related events (e.g., wildfires, floods). We estimate the market size in 2025 to be approximately $25 billion CAD, based on observed growth trends and the projected expansion of the Canadian housing market. Looking ahead to 2033, a Compound Annual Growth Rate (CAGR) needs to be estimated. Considering economic forecasts and the increasing frequency and severity of insured perils, a conservative CAGR of 4% seems plausible. This would position the market size at roughly $36 billion CAD by 2033. Key drivers for this growth include the continued expansion of urban centers, rising construction activity, and a greater emphasis on comprehensive insurance coverage, driven by both regulatory changes and consumer awareness. However, challenges remain. The market faces increasing pressure from intensifying climate change impacts, requiring insurers to adapt pricing strategies and risk assessment models. Furthermore, technological advancements in areas like data analytics and artificial intelligence are transforming insurance operations, potentially impacting profitability and creating opportunities for new entrants. Competition is also expected to increase, leading to potential pricing pressures and the need for innovative product offerings. Insurers are responding by investing in advanced risk modeling, leveraging technology for improved customer service, and focusing on tailored insurance solutions to meet diverse customer needs and cater to the growing demand for specialized coverage. Ultimately, the Canadian property insurance market’s future trajectory will depend on the interplay between these growth drivers, challenges, and the innovative strategies employed by market players. Recent developments include: P/C Agency Mergers Rise 10% in First Half of 2021 - There were 339 announced property/casualty insurance agency mergers and acquisitions during the first half of 2021, up from 307 in 2020., CMHC Changes Underwriting Practices on Mortgage Loan Insurance - Canada Mortgage and Housing Corp. is easing its underwriting criteria for mortgage loan insurance after changes it made last year were not effective and caused it to lose market share. The federal housing agency said that it returned to considering a gross debt service ratio of up to 39 per cent and a total debt service ratio of up to 44 per cent for borrowers who have a strong history of managing payment obligations. Gross debt service refers to the maximum amount of gross annual income that can be used for home-related expenses like mortgages, heat or condo fees, while total debt service is calculated when these expenses are combined with monthly debt payments owed on items such as credit cards or cars.. Notable trends are: CATASTROPHIC LOSSES.

Canada Consumer Expectations: House Price Growth: Alberta data was reported at 5.030 % in Mar 2025. This records a decrease from the previous number of 5.050 % for Dec 2024. Canada Consumer Expectations: House Price Growth: Alberta data is updated quarterly, averaging 2.425 % from Jun 2016 (Median) to Mar 2025, with 36 observations. The data reached an all-time high of 5.470 % in Jun 2024 and a record low of -4.310 % in Jun 2020. Canada Consumer Expectations: House Price Growth: Alberta data remains active status in CEIC and is reported by Bank of Canada. The data is categorized under Global Database’s Canada – Table CA.H025: Consumer Expectations Survey. Consumer Expectations Survey Questionnaire: By about what percent do you expect the average home price in your area to increase (decrease)?

The Canadian housing market, particularly in major urban centers, has experienced a prolonged period of rapid price appreciation, driven by factors such as low interest rates, strong population growth, and limited supply. According to the Canada Mortgage and Housing Corporation (CMHC), the national average house price rose by more than 50% between 2020 and 2022, with prices in some major cities, such as Toronto and Vancouver, increasing by even more. This rapid price growth has made it increasingly difficult for many Canadians to afford a home, especially in the country's most desirable markets. However, the Canadian housing market is starting to show signs of cooling in 2023, as rising interest rates and stricter mortgage lending rules from the government begin to take effect. The CMHC predicts that the national average house price will decline by 7.6% in 2023, with prices in some markets, such as Toronto and Vancouver, expected to fall by even more. This cooling is expected to continue in 2024, with the CMHC predicting a further decline in the national average house price of 3.2%. The long-term outlook for the Canadian housing market is more uncertain, but the CMHC expects that prices will continue to rise, albeit at a more moderate pace. The Canadian housing market is one of the most expensive in the world, with prices in major cities like Toronto and Vancouver soaring to record highs in recent years. This has led to a growing concern about affordability, as many Canadians are being priced out of the market. Key drivers for this market are: Increasing Adoption of Remote and Hybrid Work Model. Potential restraints include: Lack of Privacy. Notable trends are: Pandemic Accelerated Luxury Home Sales in Major Canadian Markets.

Housing Index in Canada decreased to 122.20 points in October from 122.70 points in September of 2025. This dataset provides - Canada New Housing Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Find average after-taxes total household income in these data tables. These housing statistics are organized by: renters owners combined total of renters and owners Also included in these data tables are the average total household incomes after taxes for renter households in: Canada Provinces selected Census Metropolitan Areas (CMAs)

In collaboration with the Public Health Agency of Canada (PHAC), this table provides Canadians and researchers with data to monitor only the confirmed cases of coronavirus (COVID-19) in Canada. This table will provide an aggregate summary of the data available in the publication 13-26-0003.

This dataset contains records of publicly reported data on COVID-19 testing in Ontario long-term care homes. It was collected between April 24, 2020 and March 30, 2023. Summary data is aggregated to the provincial level. Reports fewer than 5 are indicated with <5 to maintain the privacy of individuals. ##Data includes: * Long-term care home COVID-19 summary data * Long-term care homes with an active COVID-19 outbreak * Long-term care homes no longer in a COVID-19 outbreak * Long-term care home COVID-19 summary data by Public Health Unit (PHU) * Long-term care home COVID-19 staff vaccination rates An outbreak is defined as two or more lab-confirmed COVID-19 cases in residents, staff or other visitors in a home, with an epidemiological link, within a 14-day period, where at least one case could have reasonably acquired their infection in the long-term care home. Prior to April 7, 2021, the definition required one or more lab-confirmed COVID-19 cases in a resident or staff in the long-term care home. Notes February 21 to March 29, 2023: Data is only available for regular business days (for example, Monday through Friday, except statutory holidays) March 12 – 13, 2022: Due to technical difficulties, data is not available. September 8, 2022: The data dated September 6, 2022 represents data collected during the period of September 3, 4 and 5, 2022. October 6, 2022: The data dated October 5, 2022 represents data collected during the period of October 1, 2, 3 and 4, 2022. October 13, 2022: Due to technical difficulties, data for the date of October 9 is not available. October 20, 2022: Due to technical difficulties, data for the dates of October 15, 16 is not available. November 24, 2022: Due to technical difficulties, data is not available.

This statistic shows the financial sources of U.S. property buyers from Canada in 2020. Canadians who bought property in the U.S. tended to pay in cash with ** percent of the respondents giving that answer.

Home Ownership Rate in Canada decreased to 66.70 percent in 2023 from 69.30 percent in 2021. This dataset provides the latest reported value for - Canada Home Ownership Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Key information about House Prices Growth

• Canada house prices dropped 1.8% YoY in Oct 2025, following a decrease of 1.8% YoY in the previous month.
• YoY growth data is updated monthly, available from Jan 1982 to Oct 2025, with an average growth rate of 5.1%.
• House price data reached an all-time high of 16.5% in Mar 1989 and a record low of -9.7% in Apr 1991.