The average house price in Alberta, Canada in 2024 was approximately ******* Canadian dollars. By 2025, this figure is forecast to reach ******* Canadian dollars. The number of home sales in the province surged in 2021, and in 2025, the annual number of housing transactions is expected to exceed ******. Compared to other provinces, Alberta ranked below the national average, but housing was still more expensive than in New Brunswick and Newfoundland.

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

View monthly updates and historical trends for Alberta New Housing Price Index. Source: Statistics Canada. Track economic data with YCharts analytics.

The number of home sales in Alberta, Canada, surged in 2021, followed by a slight decrease in the following two years. In 2024, about ****** home sales took place in Alberta and this figure is expected to reach ****** in 2026. Meanwhile, transaction activity in Canada is set to also increase by 2025. In terms of home prices, Alberta ranked below the national average, but housing was still more expensive than in New Brunswick and Newfoundland.

The average resale house price in Canada was forecast to reach nearly ******* Canadian dollars in 2026, according to a January forecast. In 2024, house prices increased after falling for the first time since 2019. One of the reasons for the price correction was the notable drop in transaction activity. Housing transactions picked up in 2024 and are expected to continue to grow until 2026. British Columbia, which is the most expensive province for housing, is projected to see the average house price reach *** million Canadian dollars in 2026. Affordability in Vancouver Vancouver is the most populous city in British Columbia and is also infamously expensive for housing. In 2023, the city topped the ranking for least affordable housing market in Canada, with the average homeownership cost outweighing the average household income. There are a multitude of reasons for this, but most residents believe that foreigners investing in the market cause the high housing prices. Victoria housing market The capital of British Columbia is Victoria, where housing prices are also very high. The price of a single family home in Victoria's most expensive suburb, Oak Bay was *** million Canadian dollars in 2024.

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).

House prices in British Columbia and Ontario were notably higher than any other province in Canada in 2024. The average house price in any other province was less than ******* Canadian dollars, whereas in British Columbia and Ontario, it exceeded ******* Canadian dollars. The most affordable province to buy a home was Newfoundland, where the average home cost about ******* Canadian dollars.

Comprehensive housing market data for Calgary, Alberta including benchmark prices, sales activity, inventory levels, and market trends by property type.

View monthly updates and historical trends for Alberta New Housing Price Index, Land Only. Source: Statistics Canada. Track economic data with YCharts ana…

View monthly updates and historical trends for Calgary, AB New Housing Price Index. Source: Statistics Canada. Track economic data with YCharts analytics.

The Canada Residential Real Estate Market is Segmented by Property Type (Apartments & Condominiums and Villas & Landed Houses), Price Band (Affordable, Mid-Market and Luxury), Mode of Sale (Primary and Secondary), Business Model (Sales and Rental) and Region/Province (Ontario, Quebec, British Columbia, Alberta and Rest of Canada). The Market Forecasts are Provided in Terms of Value (USD).

This repository contains the data used to create the county-level figures in the following paper:

Gourevitch, J.D., Kousky, C., Liao, Y., Nolte, C., Pollack, A.B., Porter, J.R., & Weill, J.A. (2023). Unpriced climate risk and the potential consequences of overvaluation in US housing markets. Nature climate change, 13(3), 250-257.

Abstract:

Climate change impacts threaten the stability of the US housing market. In response to growing concerns that increasing costs of flooding are not fully captured in property values, we quantify the magnitude of unpriced flood risk in the housing market by comparing the empirical and economically efficient prices for properties at risk. We find that residential properties exposed to flood risk are overvalued by $121 – $237 billion, depending on the discount rate. In general, highly overvalued properties are concentrated in counties along the coast with no flood risk disclosure laws and where there is less concern about climate change. Low-income households are disproportionately at risk of losing home equity from price deflation, and municipalities that are heavily reliant on property taxes for revenue are vulnerable to budgetary shortfalls. The consequences of these financial risks will depend on policy choices that influence who bears the costs of climate change.

The Canada Commercial Real Estate Report is Segmented by Property Type (Offices, Retail, Logistics and More), by Business Model (Rental and Sales), by End Use (Individuals / Households, Corporates & SMEs and More) and by Region (Ontario, Quebec, Alberta and More). The Report Offers Market Size and Forecasts in Value (USD) for all the Above Segments.

The average house price in Saskatchewan was about ******* Canadian dollars in 2024, and according to the forecast, is set to increase in the next two years. However, house price growth in the province is expected to be slower than the national average. In terms of home prices, Saskatchewan is one of the most affordable provinces for housing. Saskatchewan: key factsSaskatchewan is a province located between Alberta and Manitoba north of the Canada-United States border. In 2023, the population of Saskatchewan was over *** million, which placed it as the sixth most populous Canada province. However, the population has been on the rise since 2006, so this may change in the future. Future of the housing marketThe number of housing starts in the province has been falling since 2012, which suggests that either supply is outstripping demand or that it’s simply not profitable enough for property developers. Some real estate experts in the region believe that the falling price of oil is causing the housing market slowdown because there are fewer jobs in the region as a result. However, they expect that the market will pick up again in the near future.

The Canadian commercial real estate market, valued at $77.09 billion in 2025, is projected to experience robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 7.59% from 2025 to 2033. This expansion is driven by several key factors. Firstly, Canada's strong economy and increasing population fuel demand for office, retail, and industrial spaces. Urbanization and population growth, particularly in major cities like Toronto, Vancouver, and Calgary, are significant contributors. Furthermore, ongoing investments in infrastructure and technological advancements are enhancing the attractiveness of commercial properties. The growth is segmented across various property types, with office spaces benefiting from a return to the workplace following the pandemic, and the industrial sector experiencing sustained growth fueled by e-commerce expansion and supply chain optimization initiatives. The hospitality sector is also poised for recovery, driven by increased tourism and business travel. However, the market is not without its challenges. Rising interest rates and inflation present significant headwinds, impacting construction costs and potentially reducing investment activity. Government regulations and environmental concerns related to sustainable development also influence market dynamics. Competition among developers and brokerage firms remains intense, impacting pricing and profitability. Despite these restraints, the long-term outlook for the Canadian commercial real estate market remains positive, driven by fundamental economic strengths and a growing population. Strategic investments in key areas, such as sustainable building practices and technological integrations, will be crucial for developers and investors to succeed in this evolving landscape. The diverse market segments, from office towers to industrial parks, each offer unique opportunities for growth and investment within the Canadian commercial real estate sector. Recent developments include: June 2023: Prologis, Inc. and Blackstone announced a definitive agreement for Prologis to acquire nearly 14 million square feet of industrial properties from opportunistic real estate funds affiliated with Blackstone for USD 3.1 billion, funded by cash. The acquisition price represents an approximately 4% cap rate in the first year and a 5.75% cap rate when adjusting to today's market rents., May 2023: An experiential real estate investment trust, VICI Properties Inc., announced that it had signed agreements to buy the real estate assets of Century Casinos, Inc.'s Century Downs Racetrack and Casino in Calgary, Alberta, Century Casino St. Albert in Edmonton, Alberta, and Century Casino St. Albert in St. Albert, Alberta, for a total purchase price of USD 164.7 million. This move demonstrates both their continued drive to grow abroad and their faith in the Canadian gaming industry. They are also excited to assist Century's asset monetization strategy, which will open up new opportunities for their cooperation.. Key drivers for this market are: Evolution of retail sector driving the market, Office spaces in Toronto and Vancouver are increasing. Potential restraints include: Evolution of retail sector driving the market, Office spaces in Toronto and Vancouver are increasing. Notable trends are: Evolution of retail sector driving the market.

The Scandinavian prefabricated housing market, valued at $5.80 billion in 2025, is experiencing robust growth, projected to expand at a compound annual growth rate (CAGR) of 4.59% from 2025 to 2033. This growth is driven by several key factors. Increasing urbanization and population density in major Scandinavian cities are fueling the demand for efficient and cost-effective housing solutions. Prefabricated housing offers a significant advantage in this context, enabling faster construction times and reduced labor costs compared to traditional methods. Furthermore, a growing awareness of sustainability and environmental concerns is boosting the adoption of prefabricated homes, which often incorporate eco-friendly materials and energy-efficient designs. Government initiatives promoting sustainable construction practices and affordable housing further contribute to market expansion. The market is segmented by housing type, with single-family homes and multi-family dwellings comprising the major segments. While single-family homes currently hold a larger market share, the multi-family segment is anticipated to witness faster growth due to rising demand for apartments in urban areas. Leading players like Peab AB, Derome AB, and others are driving innovation within the industry, incorporating advanced technologies and sustainable materials to enhance product offerings and meet evolving consumer preferences. The Nordic region, encompassing countries like Sweden, Norway, Denmark, and Finland, dominates the Scandinavian prefabricated housing market due to established infrastructure, supportive government policies, and high consumer acceptance of sustainable building practices. However, the market is also witnessing growth in other European regions and beyond, driven by increasing awareness of the benefits of prefabricated construction. Challenges facing the market include fluctuations in raw material prices, skilled labor shortages, and stringent building regulations. Nevertheless, the long-term outlook for the Scandinavian prefabricated housing market remains positive, driven by continued urbanization, the growing need for sustainable housing, and technological advancements within the industry. Companies are actively investing in research and development to improve design, reduce construction time, and enhance the overall quality and affordability of prefabricated homes. Recent developments include: April 2022 : Lindbäcks signed an agreement with K-fast, Eskilstuna's municipal properties. The agreement includes 86 rental apartments in three wooden buildings with geothermal heating and solar cells. The choice of Lindbäcks as a building contractor and house in wood will, together with the installation of geothermal heating and solar cells, lead to the housing project in Skogstorp coming down to a lower climate impact in the construction process and low energy consumption for future operation., March 2022 : Lindbäcks started producing apartments for the project Film for Family Housing. The film in Bandhagen is a project with 35 rental apartments. The film project comprises 35 rental apartments in a house with three stairwell entrances and four floors high. The box camera consists of four houses on seven floors and 148 rental apartments. They follow the design of Stockholmshusen with a plaster façade and will both be built in the Bandhagen district of Stockholm.. Notable trends are: Prefabricated Home Building Expertise of Sweden Driving the Market.

Revenue for the Real Estate Asset Management & Consulting industry in Alberta is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while revenue for the national industry will likely grow at x.x% during the same period. The number of industry establishments has decreased an annualized -x.x% to x,xxx locations over the past five years. Industry employment has increased an annualized x% to x,xxx workers during the period, while industry wages have decreased an annualized -x.x% to $x.x million.

View monthly updates and historical trends for Edmonton, AB New Housing Price Index, House Only. Source: Statistics Canada. Track economic data with YChar…

Revenue for the Property, Casualty and Direct Insurance industry in Alberta is expected to decline an annualized -x.x% to $x.x billion over the five years to 2025, while revenue for the national industry will likely decline at -x% during the same period. The number of industry establishments has increased an annualized x.x% to xxx locations over the past five years. Industry employment has decreased an annualized -x.x% to x,xxx workers during the period, while industry wages have decreased an annualized -x.x% to $x.x million.

The European manufactured homes market is experiencing robust growth, projected to maintain a Compound Annual Growth Rate (CAGR) exceeding 5% from 2025 to 2033. This expansion is driven by several key factors. Increasing urbanization and population density across major European cities are placing significant pressure on housing affordability and availability. Manufactured homes offer a cost-effective and relatively quicker construction solution compared to traditional brick-and-mortar houses, making them an attractive alternative for both individual buyers and housing developers. Furthermore, growing environmental concerns and a push for sustainable building practices are boosting demand for prefabricated housing options, as these often incorporate energy-efficient designs and materials. The market is segmented into single-family and multi-family units, with the single-family segment likely holding a larger market share due to the prevalent preference for individual homeownership in Europe. Key players like Derome AB, Skanska AB, and Portakabin Ltd are actively contributing to market expansion through innovation in design, materials, and construction techniques. However, regulatory hurdles and stringent building codes in certain European countries, along with potential fluctuations in material costs and labor availability, could pose challenges to sustained growth. The United Kingdom, Germany, France, and other major European economies are expected to be primary contributors to market growth, given their substantial housing demand and supportive government initiatives in certain regions that encourage affordable housing solutions. The forecast period of 2025-2033 will likely see further market consolidation, with larger companies acquiring smaller players to enhance their market reach and operational efficiency. Innovation in modular construction techniques, the integration of smart home technologies, and the development of more aesthetically pleasing and customizable designs will be crucial for sustained growth. Competition among existing players is intense, necessitating continuous investment in research and development to meet evolving consumer preferences. The growing focus on sustainable and eco-friendly building materials will influence material choices and construction methods within the industry. Government incentives and policies aimed at promoting affordable housing solutions will continue to shape market dynamics in the coming years. Market penetration will be driven by a mix of factors such as improved financing options, more widespread consumer awareness about the benefits of manufactured housing, and ongoing efforts to dispel negative perceptions associated with prefabricated homes. This comprehensive report provides an in-depth analysis of the Europe manufactured homes market, encompassing the period from 2019 to 2033. With a base year of 2025 and an estimated year of 2025, the report forecasts market trends until 2033, offering invaluable insights for investors, manufacturers, and industry stakeholders. This report covers key aspects, including market size, growth drivers, challenges, and competitive dynamics, with a focus on modular homes, prefab homes, and manufactured housing. Recent developments include: June 2022 - TopHat, a modular housing developer, which is 70 percent owned by US bank Goldman Sachs, is planning a new factory in Corby, Northamptonshire. The facility, by 2023, will be capable of producing 4,000 homes a year, making it Europe's largest modular housing factory, according to TopHat., April 2022 - HusCompagniet A/S ('HusCompagniet') has signed an agreement to acquire a prefabricated (prefab) factory from NVV GmbH and JAWS Holding ApS ('Danhaus') including an order book of around DKK 200 million. The factory is in Esbjerg, Denmark.. Key drivers for this market are: Huge Demand for Prefabricated Housing Driving the Market, Huge Demand for Multi-family Houses Driving Market Growth. Potential restraints include: Lack of Awareness of Prefabricated Market, Lack of Standardization and Regulation in the Prefabricated Buildings Industry. Notable trends are: Demand of Prefabricated Houses is Increasing in Sweden.