In 2017, Australia had the largest homes out of the countries surveyed. Australian homes measured, on average, 2,032 square feet, and were closely followed by U.S. homes at 1,901 square feet. Canadian homes were also quite large at 1,792 square feet.
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This table contains data on the number, living area, and assessment value per square foot of residential properties, by property type and period of construction, for the provinces of Nova Scotia, Ontario and British Columbia, their census metropolitan areas (CMAs) and census subdivisions (CSDs).
In the first half of 2020, Toronto was the most expensive market for luxury condominiums in Canada. During this period, the average price of luxury condos was 1,200 Canadian dollars per square foot. In comparison, in Vancouver, the average square footage price was 767 Canadian dollars, which was 433 Canadian dollars less than in Toronto.
The average asking rent of industrial and logistics real estate in Canada was between 10 and 22 Canadian dollars per square foot in the first quarter of 2023. Toronto, which was the market with most inventory, had monthly rent of 18.45 Canadian dollars per square foot, making it the third most expensive market.
In the first half of 2019, the average asking rent in Canadian malls was 32.96 Canadian dollars per square feet. The average asking rent per square foot of general retail space was 26.36 Canadian dollars in the same period.
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Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in Ontario, OR-ID (CBSA) (MEDLISPRIPERSQUFEE36620) from Jul 2016 to Feb 2025 about Ontario, ID, OR, square feet, listing, median, price, and USA.
Most of real estate investments across the different property markets in Canada came from private investors in 2021. In Vancouver, private investors accounted for 65 percent of the investment volumes. Fund managers were the second biggest investor group, responsible for up to 38 percent of investment (Edmonton). When it comes to foreign investments, the main recipient markets were Montreal and Toronto.
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This table contains 33 series, with data for years 2014 - 2015 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada); Country of control (3 items: Total country of control; Canada; Foreign); Employment size (11 items: Total employment size; 1 to 4 employees; 5 to 9 employees; 10 to 19 employees; ...).
Average expected useful life of municipally owned social and affordable housing assets for all provinces and territories, by urban and rural and population size. Average expected useful life values are presented for new assets completed or acquired in 2016. Average expected useful life values are presented in years.
The cost per square foot of an office fit-out rose across all four Canadian cities under observation in 2023. Fitting out an office space was most expensive in Toronto, where it cost about 201 Canadian dollars per square foot. The fit-out costs in Montreal and Vancouver was 170 and 184 Canadian dollars per square foot, respectively. In contrast, Calgary had significantly lower costs, at just under 142 Canadian dollars per square foot. A complete office fit-out includes the transformation of an empty space into a suitable office environment, including the necessary structures, electrical furnishings, mechanical equipment, and furniture.
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License information was derived automatically
This table contains 33 series, with data for years 2014 - 2015 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada); Country of control (3 items: Total country of control; Canada; Foreign); Employment size (11 items: Total employment size; 1 to 4 employees; 5 to 9 employees; 10 to 19 employees; ...).
Toronto is Canada's largest industrial and logistics real estate market, with nearly half of the country's 1.85 trillion square feet of inventory. In the first quarter of 2024, Toronto had about 822.5 million square feet of industrial and logistics space. Meanwhile, Vancouver, the third state in the ranking had approximately 244.1 million square meters of inventory, the highest average asking rent, and lowest vacancy rate.
In 2024, the net asking rent for office space in Downtown Toronto amounted to 37.2 Canadian dollars per square foot. The most expensive submarket in the city was the Financial Core - a location concentrating a major share of the office inventory, with a rapidly developing new stock.Toronto’s office market Toronto is the capital of Ontario and a global financial center. Ontario generates a large portion of Canada’s GDP, which means that office real estate is vital for the region. Downtown Toronto had significantly more office space inventory than Midtown Toronto, and also a lower vacancy rate. Comparison with other leading cities Offices in Toronto have a higher vacancy rate than the national average. Overall, vacancy rates were the lowest in Vancouver and Montreal.
The average price for a house in Quebec stood at approximately 522,828 Canadian dollars in 2024 and was set to increase slightly in the next two years. In 2025, the average price is forecast to reach 566,620 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 nine million people in 2023. It is the second most populated province in Canada, and the second-largest by land size, as it is three 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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Get data on the intensity of energy and water usage and greenhouse gas (GHG) emissions as well as property use types for buildings larger than 100,000 square feet. Where possible, data is weather-normalized. Data is not cleansed.
This data set shows energy and water usage intensities and GHG emission intensities for buildings, including:
Manufacturing, heavy industrial or agricultural buildings are not included. Data is not randomized and is reported by building owners or their agents according to Energy Star Portfolio Manager property type categories and may contain errors.
The average price for a house in Quebec stood at approximately 487,000 Canadian dollars in 2023 and was set to increase slightly in the next two years. In 2025, the average price is forecast to reach 512,000 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 nine million people in 2022. It is the second most populated province in Canada, and the second-largest by land size, as it is three 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 2022. 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.
The average price for a house in Newfoundland stood at approximately 293,573 Canadian dollars in 2023. According to the forecast, house prices in the province are set to continue rising in the next two years, reaching 315,402 Canadian dollars in 2025. Newfoundland is the second-most affordable province for housing in Canada, after New Brunswick. Newfoundland Newfoundland and Labrador is the most easterly province in Canada. It’s an English-speaking province which borders French-speaking Quebec. The population of Newfoundland and Labrador has decreased since 2016, and stood most recently at 525,355 people. Its provincial capital and largest city is St. John’s. The economy of this province is heavily contingent on natural resources. The expansion of oil exportation has helped the economy grow, after it suffered during recent decades. Unfortunately, the population of Newfoundland and Labrador suffers one of the highest unemployment rates in Canada. Even though the low-income rate in Newfoundland and Labrador has decreased since 2000, 15 percent of its population is still considered low income. Housing in Newfoundland Two-person households were the most common household size in Newfoundland and Labrador. Additionally, the number of single-detached housing starts per year in Newfoundland and Labrador has significantly decreased since 2012.
Value of farmland and buildings per acre, for Canada and the provinces at July 1 (in dollars).
The average house price in Nova Scotia in 2024 stood at approximately 447,800 Canadian dollars. In the next year, house prices are forecast to further increase by about five percent. Compared to other provinces, Nova Scotia ranked below the national average in terms of house prices. However, the average price of a house in Nova Scotia was twice lower than in Ontario or British Columbia. Exploding population growth in recent yearsNova Scotia is the second-smallest province after Prince Edward Island, and had a population of just under one million in 2018. The population of this province was relatively steady between 2000 and 2015, but has taken off since then. This sudden growth may be a factor in the increasing house prices, as demand also increases due to the greater number of residents looking for homes. The future of housing affordability in Nova ScotiaHalifax, the provincial capital, had an affordable housing market as of 2018, with mortgage payments only constituting about 30 percent of average household incomes. The number of housing starts in the region has increased in the past few years, which also suggests an increase in demand. Only time will tell whether this will ensure a sufficient supply of homes for the region in response to its growing population.
Data centers and hospitals were the types of buildings with the highest construction costs in Montreal (Canada) in late 2023. Constructing medium quality residential buildings cost between 275 and 325 Canadian dollars per square foot. That was significantly more expensive than townhouses. The construction costs in Vancouver were lower than in Montreal for many types of buildings.
In 2017, Australia had the largest homes out of the countries surveyed. Australian homes measured, on average, 2,032 square feet, and were closely followed by U.S. homes at 1,901 square feet. Canadian homes were also quite large at 1,792 square feet.