The average sales price decreased for all property types in Greater Vancouver, Canada in June 2025. Buying a condo as of June 2025 would cost a home buyer about ******* Canadian dollars. Greater Vancouver is one of Canada's most important economic centers. It consists of ** municipalities, including Vancouver City, Surrey, Burnaby, Richmond, Coquitlam, and other.
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.
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Graph and download economic data for All-Transactions House Price Index for Portland-Vancouver-Hillsboro, OR-WA (MSA) (ATNHPIUS38900Q) from Q2 1976 to Q1 2025 about Portland, OR, WA, appraisers, HPI, housing, price index, indexes, price, and USA.
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Average House Prices in Canada increased to 688700 CAD in July from 688500 CAD in June of 2025. This dataset includes a chart with historical data for Canada Average House Prices.
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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.
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Graph and download economic data for Housing Inventory: Median Listing Price in Portland-Vancouver-Hillsboro, OR-WA (CBSA) (MEDLISPRI38900) from Jul 2016 to Jul 2025 about Portland, OR, WA, listing, median, price, and USA.
In June 2025, a single-family house in Oak Bay cost **** million Canadian dollars. Oak Bay was the most expensive suburb in Victoria, British Columbia, followed by Highlands and North Saanich. Victoria: an overview Victoria is the capital city of the province of British Columbia. The city is located south of Vancouver, and across the U.S. border from Seattle. In 2020, the average home price in Victoria was ****million Canadian dollars, which placed the city as the sixth most expensive Canadian city for residential real estate. Home affordability in Canada Housing affordability is, undoubtedly, one of the biggest barriers to homeownership in Canada. In 2025, the ratio of homeownership costs to income was **** percent. Nevertheless, more expensive locations in the country had a higher ratio, with Vancouver exceeding ** percent, suggesting that on average, mortgage payments were slightly lower than the average income.
The average house price in British Columbia in 2024 stood at about ******* Canadian dollars and, according to the forecast, is set to increase by ***********, reaching ********* Canadian dollars in the following year. The average house price in Canada is forecast to grow in the next two years.
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).
In the first quarter of 2025, the average sales price of detached single-family homes in Canada was approximately ******* Canadian dollars. Nevertheless, house prices varied greatly across different markets. For example, in Vancouver, housing was more than twice as expensive as the national average, with an average price of ********* Canadian dollars. The market with the most affordable housing was Regina, where the average single-family detached home sold for approximately ******* Canadian dollars. In comparison to house prices, the average sales price of condominium apartments in all Canadian markets was lower.
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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.
The average price for a house in Quebec stood at approximately ******* Canadian dollars in 2024 and was set to increase slightly in the next two years. In 2025, the average price is forecast to reach ******* Canadian dollars. Meanwhile, the national average house price was forecast to pick up in 2025. Compared to other provinces, Quebec was the third-most expensive province to buy housing in Canada, after British Columbia and Ontario. Quebec Located on the eastern side of Canada, Quebec had an estimated population of almost **** million people in 2023. It is the second most populated province in Canada, and the second-largest by land size, as it is ***** times the size of Texas. The largest city in Quebec is Montreal, which is close to the Vermont border in the United States. The median total family income in Quebec has been steadily rising since 2000. Housing Prices in Canada Housing prices in Canada vary province to province. The most expensive average house price was in British Columbia in 2024. Vancouver, the most populated city in British Columbia, is known for its high-priced real estate market. However, housing prices all over Canada have increased in the past couple of years.
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Portland-Vancouver-Beaverton, OR-WA - Housing Inventory: Average Listing Price Year-Over-Year in Portland-Vancouver-Hillsboro, OR-WA (CBSA) was -4.14% in May of 2025, according to the United States Federal Reserve. Historically, Portland-Vancouver-Beaverton, OR-WA - Housing Inventory: Average Listing Price Year-Over-Year in Portland-Vancouver-Hillsboro, OR-WA (CBSA) reached a record high of 16.23 in May of 2021 and a record low of -5.50 in May of 2019. Trading Economics provides the current actual value, an historical data chart and related indicators for Portland-Vancouver-Beaverton, OR-WA - Housing Inventory: Average Listing Price Year-Over-Year in Portland-Vancouver-Hillsboro, OR-WA (CBSA) - last updated from the United States Federal Reserve on July of 2025.
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Portland-Vancouver-Beaverton, OR-WA - Housing Inventory: Average Listing Price Month-Over-Month in Portland-Vancouver-Hillsboro, OR-WA (CBSA) was -0.65% in May of 2025, according to the United States Federal Reserve. Historically, Portland-Vancouver-Beaverton, OR-WA - Housing Inventory: Average Listing Price Month-Over-Month in Portland-Vancouver-Hillsboro, OR-WA (CBSA) reached a record high of 3.48 in May of 2021 and a record low of -2.16 in July of 2018. Trading Economics provides the current actual value, an historical data chart and related indicators for Portland-Vancouver-Beaverton, OR-WA - Housing Inventory: Average Listing Price Month-Over-Month in Portland-Vancouver-Hillsboro, OR-WA (CBSA) - last updated from the United States Federal Reserve on July of 2025.
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Portland-Vancouver-Beaverton, OR-WA - Housing Inventory: Average Listing Price in Portland-Vancouver-Hillsboro, OR-WA (CBSA) was 775377.00000 U.S. $ in July of 2025, according to the United States Federal Reserve. Historically, Portland-Vancouver-Beaverton, OR-WA - Housing Inventory: Average Listing Price in Portland-Vancouver-Hillsboro, OR-WA (CBSA) reached a record high of 834041.00000 in April of 2023 and a record low of 555467.00000 in September of 2016. Trading Economics provides the current actual value, an historical data chart and related indicators for Portland-Vancouver-Beaverton, OR-WA - Housing Inventory: Average Listing Price in Portland-Vancouver-Hillsboro, OR-WA (CBSA) - last updated from the United States Federal Reserve on August of 2025.
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This dataset includes Statistics Canada table 46-10-0050-01, titled "Total family income and owner characteristics at the residential property level by income quintiles". The dataset has been split up into three tables: Table A includes the number of properties and average assessment value of properties by the owner's income quintile, the property type (eg. detached house, condominium), and by family type (lone-parent family, couple family, and other census family). Table B includes includes the number of properties and average assessment value of properties by the owner's income quintile, the property type (eg. detached house, condominium), and by pension income categories (eg. whether or not the owner of the property is receiving a pension). Table C includes includes includes the number of properties and average assessment value of properties by the owner's income quintile, the property type (eg. detached house, condominium), and by residency participation types (eg. whether the property is owned by resident owners only or a mix of resident and non-resident owners). The tables have been edited to include only geographies from British Columbia and to have the unique ID numbers added to the Census Subdivisions and Census Metropolitan Areas. The tables are available in CSV and Excel Workbook format. Definitions and notes are included at the bottom of the spreadsheet. This data set was collected as part of the Canadian Housing Statistics Program by Statistics Canada. Geographies: Abbotsford-Mission, census metropolitan area, Abbotsford, Mission, Kelowna, census metropolitan area, Central Okanagan, Central Okanagan J, Kelowna, Lake Country, Peachland, West Kelowna, Vancouver, census metropolitan area, Anmore, Belcarra, Bowen Island, Burnaby, Coquitlam, Delta, Langley, city, Langley, municipal district, Lions Bay, Maple Ridge, Metro Vancouver A, New Westminster, North Vancouver, city, North Vancouver, municipal district, Pitt Meadows, Port Coquitlam, Port Moody, Richmond, Surrey, Vancouver, West Vancouver, White Rock, Victoria, census metropolitan area, Central Saanich, Colwood, Esquimalt, Highlands, Juan de Fuca (Part 1), Langford, Metchosin, North Saanich, Oak Bay, Saanich, Sidney, Sooke, Victoria, View Royal, British Columbia, outside of census metropolitan areas, Alberni-Clayoquot A, Alberni-Clayoquot B, Alberni-Clayoquot C, Alberni-Clayoquot D, Alberni-Clayoquot E, Alberni-Clayoquot F, Alert Bay, Armstrong, Ashcroft, Barriere, Bulkley-Nechako A, Bulkley-Nechako B, Bulkley-Nechako C, Bulkley-Nechako D, Bulkley-Nechako E, Bulkley-Nechako F, Bulkley-Nechako G, Burns Lake, Cache Creek, Campbell River, Canal Flats, Cariboo A, Cariboo B, Cariboo C, Cariboo D, Cariboo E, Cariboo F, Cariboo G, Cariboo H, Cariboo I, Cariboo J, Cariboo K, Cariboo L, Castlegar, Central Coast A, Central Coast C, Central Coast D, Central Coast E, Central Kootenay A, Central Kootenay B, Central Kootenay C, Central Kootenay D, Central Kootenay E, Central Kootenay F, Central Kootenay G, Central Kootenay H, Central Kootenay I, Central Kootenay J, Central Kootenay K, Chase, Chetwynd, Chilliwack, Clearwater, Clinton, Coldstream, Columbia-Shuswap A, Columbia-Shuswap B, Columbia-Shuswap C, Columbia-Shuswap D, Columbia-Shuswap E, Columbia-Shuswap F, Comox, Comox Valley A, Comox Valley B (Lazo North), Comox Valley C (Puntledge - Black Creek), Courtenay, Cowichan Valley A, Cowichan Valley B, Cowichan Valley C, Cowichan Valley D, Cowichan Valley E, Cowichan Valley F, Cowichan Valley G, Cowichan Valley H, Cowichan Valley I, Cranbrook, Creston, Cumberland, Dawson Creek, Duncan, East Kootenay A, East Kootenay B, East Kootenay C, East Kootenay E, East Kootenay F, East Kootenay G, Elkford, Enderby, Fernie, Fort St. James, Fort St. John, Fraser Lake, Fraser Valley A, Fraser Valley B, Fraser Valley C, Fraser Valley D, Fraser Valley E, Fraser Valley F, Fraser Valley G, Fraser Valley H, Fraser-Fort George A, Fraser-Fort George C, Fraser-Fort George D, Fraser-Fort George E, Fraser-Fort George F, Fraser-Fort George G, Fraser-Fort George H, Fruitvale, Gibsons, Gold River, Golden, Grand Forks, Granisle, Greenwood, Harrison Hot Springs, Hazelton, Hope, Houston, Hudson's Hope, Invermere, Juan de Fuca (Part 2), Kamloops, Kaslo, Kent, Keremeos, Kimberley, Kitimat, Kitimat-Stikine A, Kitimat-Stikine B, Kitimat-Stikine C (Part 1), Kitimat-Stikine C (Part 2), Kitimat-Stikine D, Kitimat-Stikine E, Kitimat-Stikine F, Kootenay Boundary A, Kootenay Boundary B / Lower Columbia-Old-Glory, Kootenay Boundary C / Christina Lake, Kootenay Boundary D / Rural Grand Forks, Kootenay Boundary E / West Boundary, Ladysmith, Lake Cowichan, Lantzville, Lillooet, Logan Lake, Lumby, Lytton, Mackenzie, Masset, McBride, Merritt, Midway, Montrose, Mount Waddington A, Mount Waddington B, Mount Waddington C, Mount Waddington D, Nakusp, Nanaimo, Nanaimo A, Nanaimo B, Nanaimo C, Nanaimo E, Nanaimo F, Nanaimo G, Nanaimo H, Nelson, New Denver, New Hazelton, North Coast A, North Coast C,...
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.
This table contains data described by the following dimensions (Not all combinations are available): Geography (247 items: Carbonear; Newfoundland and Labrador; Corner Brook; Newfoundland and Labrador; Grand Falls-Windsor; Newfoundland and Labrador; Gander; Newfoundland and Labrador ...), Type of structure (4 items: Apartment structures of three units and over; Apartment structures of six units and over; Row and apartment structures of three units and over; Row structures of three units and over ...), Type of unit (4 items: Two bedroom units; Three bedroom units; One bedroom units; Bachelor units ...).
The house price to income ratio in Canada peaked in the second quarter of 2022, followed by a decline until the second quarter of 2025. The ratio 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. Canada's index score in the second quarter of 2025 amounted to *****, which means that house price growth has outpaced income growth by almost **** percent since 2015. Canadian home prices continue to grow House prices in Canada have steadily increased over the past decade, despite a very mild decline in 2023. This trend is forecast to continue until 2026, albeit at a lower rate than in the period between 2019 and 2022. In British Columbia, which has consistently been the most expensive province for housing, the average house price is expected to reach nearly *** million Canadian dollars in 2026. The rising homeownership costs have also affected rents. In 2024, the average two-bedroom apartment rent in Vancouver exceeded ***** Canadian dollars. Canadian incomes on the rise Incomes in Canada have steadily risen since 2000 and show no signs of slowing down in the near future. This should improve housing affordability, as long as home price growth slows down.
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Graph and download economic data for Housing Inventory: Median Days on Market in Portland-Vancouver-Hillsboro, OR-WA (CBSA) (MEDDAYONMAR38900) from Jul 2016 to Jul 2025 about Portland, OR, WA, median, and USA.
The average sales price decreased for all property types in Greater Vancouver, Canada in June 2025. Buying a condo as of June 2025 would cost a home buyer about ******* Canadian dollars. Greater Vancouver is one of Canada's most important economic centers. It consists of ** municipalities, including Vancouver City, Surrey, Burnaby, Richmond, Coquitlam, and other.