The average house price in Alberta, Canada in 2024 was approximately 494,097 Canadian dollars. By 2025, this figure is forecast to reach 534,861 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 85,000. Compared to other provinces, Alberta ranked below the national average, but housing was still more expensive than in New Brunswick and Newfoundland.

Canada House Price Index: New Housing: Calgary data was reported at 109.600 2007=100 in Dec 2016. This records an increase from the previous number of 109.400 2007=100 for Nov 2016. Canada House Price Index: New Housing: Calgary data is updated monthly, averaging 44.850 2007=100 from Jan 1981 (Median) to Dec 2016, with 432 observations. The data reached an all-time high of 111.300 2007=100 in Feb 2015 and a record low of 23.700 2007=100 in Oct 1984. Canada House Price Index: New Housing: Calgary 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.

The average resale house price in Canada was forecast to reach nearly 836,000 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 1.2 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 1.9 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).

The Report Covers Luxury Service Best Real Estate Companies in Canada and it is segmented by Type (Apartments and Condominiums and Villas and Landed Houses) and by City (Toronto, Montreal, Vancouver, Calgary, and Other Cities). The report offers market size and forecasts for the Canada luxury homes market in value (USD Billion) for all the above segments.

Canada House Price Index: New Housing: Prairie Region: Calgary data was reported at 133.400 Dec2016=100 in Jan 2025. This records an increase from the previous number of 133.100 Dec2016=100 for Dec 2024. Canada House Price Index: New Housing: Prairie Region: Calgary data is updated monthly, averaging 47.300 Dec2016=100 from Jan 1981 (Median) to Jan 2025, with 529 observations. The data reached an all-time high of 133.700 Dec2016=100 in Nov 2024 and a record low of 21.600 Dec2016=100 in Oct 1984. Canada House Price Index: New Housing: Prairie Region: Calgary data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.EB003: House Price Index: Dec2016=100.

This statistic shows the volume of luxury homes sold in Calgary from 2016 to 2019, by price range. In 2019, there were 54 homes sold for between two and four million Canadian dollars in Calgary, down from 70 sales in the previous year.

The Canadian residential real estate market, valued at approximately $XX million in 2025, is projected to experience steady growth with a Compound Annual Growth Rate (CAGR) of 3.20% from 2025 to 2033. This growth is driven by several factors, including a growing population, particularly in major urban centers like Toronto, Vancouver, and Montreal, increasing urbanization, and a persistent demand for housing across various segments, from apartments and condominiums to villas and landed houses. Strong immigration numbers and a relatively robust economy contribute to sustained demand, although affordability concerns, particularly in high-density areas, represent a significant challenge. Government policies aimed at addressing housing affordability and supply shortages will play a crucial role in shaping the market's trajectory in the coming years. Competition among major developers like Aquilini Development, Bosa Properties, and Brookfield Asset Management, along with numerous smaller players, will continue to influence pricing and innovation within the sector. The market segmentation reveals significant regional disparities. Toronto, Vancouver, and Montreal consistently dominate the market share due to their economic dynamism and population density. However, cities like Calgary and Ottawa also contribute substantially, reflecting regional economic variations and the distribution of population growth across the country. While the apartment and condominium segment holds a considerable share, the demand for villas and landed houses remains significant, particularly in suburban and rural areas. The forecast period anticipates continued growth, but at a moderated pace compared to previous periods of rapid expansion, reflecting a more balanced market characterized by increasing affordability concerns and adjustments in government regulations. The consistent presence of established players and emerging developers indicates a dynamic and competitive landscape. Recent developments include: October 2022: Dye & Durham Limited ("Dye & Durham") and Lone Wolf Technologies ("Lone Wolf") have announced a brand-new integration that was created specifically for CREA WEBForms powered by Transactions (TransactionDesk Edition) to enable access to and communication with legal services., September 2022: ApartmentLove Inc., based in Calgary, has recently acquired OwnerDirect.com and finalized a rental listing license agreement with a significant U.S. aggregator as part of its ongoing acquisition and partnership plans. In 30 countries, ApartmentLove (APLV-CN) offers online house, apartment, and vacation rental marketing services.. Key drivers for this market are: Population Growth is the main driving factor, Government Initiatives and Regulatory Aspects for the Residential Real Estate Sector. Potential restraints include: Housing Supply Shortage, Interest rates and Financing. Notable trends are: Immigration Policies are Driving the Market.

The Report Covers Canada Commercial Real Estate Industry Outlook for the Next 5 Years and is Segmented by Type (office, Retail, Industrial, Multi-Family, and Hospitality) and by City (Toronto, Vancouver, Calgary, Ottawa, Montreal, Edmonton, and the Rest of Canada). The Report Offers Market Size and Forecasts for the Commercial Real Estate Market in Canada in Terms of Value (USD) for all the Above Segments.

The report covers Residential Real Estate Market in Canada and is segmented by Type (Apartments and Condominiums and Villas and Landed Houses) and City (Toronto, Montreal, Vancouver, Ottawa, Calgary, Hamilton, and Other Cities). The report offers market sizes and forecasts in value (USD billion) for all the above segments.

Canada Construction Price Index: Residential: Single Detached House: Calgary data was reported at 110.300 2023=100 in Dec 2024. This records an increase from the previous number of 108.300 2023=100 for Sep 2024. Canada Construction Price Index: Residential: Single Detached House: Calgary data is updated quarterly, averaging 66.400 2023=100 from Mar 2017 (Median) to Dec 2024, with 32 observations. The data reached an all-time high of 110.300 2023=100 in Dec 2024 and a record low of 53.400 2023=100 in Mar 2017. Canada Construction Price Index: Residential: Single Detached House: Calgary data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.EA011: Construction Price Index: 2023=100.

This table contains data described by the following dimensions (Not all combinations are available): Geography (37 items: Census metropolitan areas; Saguenay; Quebec; Calgary; Alberta; Edmonton; Alberta ...).

房屋价格指数：新增住房：卡尔加里在12-01-2016达109.6002007=100，相较于11-01-2016的109.4002007=100有所增长。房屋价格指数：新增住房：卡尔加里数据按月更新，01-01-1981至12-01-2016期间平均值为44.8502007=100，共432份观测结果。该数据的历史最高值出现于02-01-2015，达111.3002007=100，而历史最低值则出现于10-01-1984，为23.7002007=100。CEIC提供的房屋价格指数：新增住房：卡尔加里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.EB006: House Price Index: 2007=100。

房屋价格指数：新增住房：草原地区：卡尔加里在01-01-2025达133.400Dec2016=100，相较于12-01-2024的133.100Dec2016=100有所增长。房屋价格指数：新增住房：草原地区：卡尔加里数据按月更新，01-01-1981至01-01-2025期间平均值为47.300Dec2016=100，共529份观测结果。该数据的历史最高值出现于11-01-2024，达133.700Dec2016=100，而历史最低值则出现于10-01-1984，为21.600Dec2016=100。CEIC提供的房屋价格指数：新增住房：草原地区：卡尔加里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.EB003: House Price Index: Dec2016=100。

Data centers and hospitals were some of the buildings with the highest construction costs in Calgary (Canada) in the winter of 2023 to 2024. That year, the cost of constructing courthouses was also high, ranging from 760 to 900 Canadian dollars per square foot. Data centers had even higher construction costs in Vancouver.

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.