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.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
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 ******* 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.
https://www.marketreportanalytics.com/privacy-policyhttps://www.marketreportanalytics.com/privacy-policy
The Canadian residential real estate market, valued at approximately $XX million in 2025 (assuming a logical extrapolation based on the provided CAGR and market size), is projected to experience steady growth at a Compound Annual Growth Rate (CAGR) of 3.20% from 2025 to 2033. This growth is fueled by several key drivers, including a growing population, particularly in major metropolitan areas like Toronto, Vancouver, and Montreal, increasing urbanization, and a persistent demand for housing across various segments. The market exhibits strong demand across diverse property types, encompassing apartments and condominiums, villas, and landed houses. While the market shows positive trends, certain constraints, such as rising interest rates, regulatory changes impacting foreign investment, and limited land availability in certain high-demand regions, could moderate growth in specific sub-markets. However, the overall market outlook remains optimistic, driven by ongoing population growth and a continued focus on infrastructural development within major cities and surrounding areas. Further segmentation reveals significant regional variations. While Toronto, Vancouver, and Montreal consistently dominate the market in terms of both volume and value, cities like Calgary, Ottawa, and Hamilton also contribute significantly. The presence of major players like Amacon, Concert Properties Ltd., and Brookfield Asset Management indicates substantial investment and competition within the sector. These companies and others cater to the diverse needs of the market, offering a range of housing options to accommodate varying budgets and lifestyles. The forecast period of 2025-2033 will likely witness shifts in market dynamics as developers adapt to evolving consumer preferences, government policies, and economic fluctuations, leading to opportunities for both established and emerging players. The market's resilience and diversity suggest continued investment opportunities and robust growth potential in the coming years. 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: Population Growth is the main driving factor, Government Initiatives and Regulatory Aspects for the Residential Real Estate Sector. Notable trends are: Immigration Policies are Driving the Market.
https://www.marketreportanalytics.com/privacy-policyhttps://www.marketreportanalytics.com/privacy-policy
The Canadian luxury housing market, encompassing high-end apartments, condominiums, villas, and landed houses, is experiencing robust growth, driven by several factors. Strong economic performance in major cities like Toronto, Vancouver, and Calgary, coupled with increasing high-net-worth individuals and foreign investment, fuels demand for premium properties. The limited supply of luxury housing, particularly in desirable urban locations, further contributes to price escalation. While rising interest rates present a potential headwind, the overall market remains resilient due to persistent demand from domestic and international buyers seeking exclusive residences. The market segmentation reveals variations in performance across property types and cities. Toronto and Vancouver consistently rank among the most expensive markets globally, attracting significant investment. While the "Other Cities" segment experiences growth, its pace lags behind the top-tier urban centres due to factors such as lower population density and reduced economic activity compared to the major hubs. This dynamic creates opportunities for developers catering to the specific preferences within each segment. Looking ahead, the Canadian luxury housing market is projected to maintain a compound annual growth rate (CAGR) exceeding 10% throughout the forecast period (2025-2033). Several trends are expected to shape market evolution, including the growing popularity of sustainable and smart-home features, an increasing preference for larger living spaces, and a rise in demand for properties with proximity to amenities and green spaces. However, regulatory changes aiming to cool down the market, such as stricter mortgage rules or increased property taxes, could act as restraints on future growth. Key players such as Westbank Corp, Mattamy Homes, and Oxford Properties Group, amongst others, continue to dominate the market through strategic acquisitions and new development projects. International market dynamics and global economic conditions may also impact investment flows into the Canadian luxury housing sector, shaping overall market performance in the coming years. Recent developments include: October 2021: The CHEO Foundation gave the first look inside Minto Dream Home, the 'Caraway.' The Minto Dream Home on Skysail Place is a customized bungalow, situated on an oversized corner lot. It's a collaboration by the Minto Group (a Canadian real estate company) with Tanya Collins Design (a residential and commercial interior designer). The Caraway features beautiful views of the Mahogany Pond with an incredible wrap-around porch to enjoy the views and the outdoors, while inside the 4,603 square-foot floor plan offers plenty of space. The Minto Dream Home has a net-zero approach to minimize its carbon footprint and improve the wellness of the planet., March 2021: Skydev (a real estate development and construction oversight company), held a private ceremony to celebrate the start of the development's construction. The new development, called Southfield Green, is owned by Skyline Apartment REIT (a private Canadian real estate investment trust). Once the development is complete, the complex will be managed by Skyline Living (a Canadian residential property management company). The Southfield Green development will comprise a four-storey complex with luxury suites and on-site amenities, including an indoor/outdoor lounge and terrace, a dog run, and an on-site gym and yoga studio. The site is well located within walking distance of grocery stores, restaurants, and transit. The suites will boast fantastic views of the adjacent Southfield Park.. Notable trends are: Pandemic Accelerated Luxury Home Sales in Major Canadian Markets.
Comprehensive MLS® sold data for Calgary, Alberta. Including recent sales, market statistics, and price trends.
https://www.marketreportanalytics.com/privacy-policyhttps://www.marketreportanalytics.com/privacy-policy
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.
https://www.marketreportanalytics.com/privacy-policyhttps://www.marketreportanalytics.com/privacy-policy
The Canadian residential construction market exhibits robust growth potential, driven by a consistently increasing population, urbanization trends, and government initiatives promoting affordable housing. The market, valued at approximately $100 billion CAD in 2025 (estimated based on provided CAGR and market size information), is projected to experience a Compound Annual Growth Rate (CAGR) exceeding 5% through 2033. This expansion is fueled by strong demand in major cities like Toronto, Vancouver, Calgary, and Montreal, where population density and economic activity are high. While rising material costs and labor shortages pose challenges, innovative construction techniques and technological advancements are mitigating these restraints to some extent. The market segmentation reveals a significant share for multi-family dwellings, reflecting the increasing preference for apartments and condos in urban centers. The leading players, including PCL Construction, EllisDon, and others, are strategically positioning themselves to capitalize on this growth, focusing on sustainable and efficient building practices. The forecast indicates continued expansion across diverse segments. Single-family home construction, while vital, will likely witness more moderate growth compared to the multi-family segment. Regional variations will persist, with larger metropolitan areas experiencing faster growth than smaller cities and rural areas. Government policies influencing mortgage rates, building permits, and environmental regulations will play a critical role in shaping market trajectories. The continued focus on sustainable construction, energy efficiency, and smart home technologies will further drive innovation and attract investment in the sector. However, sustained economic growth and stable interest rates are crucial to maintain this positive momentum. Ongoing monitoring of inflation and material prices will be vital for accurate forecasting. Recent developments include: September 2022: PCL Construction was awarded Kindred Resort - Keystone's first major development in River Run in 20 years. This USD 184 million, 321,000 square-foot mixed-use development, designed by OZ Architecture, will consist of 95 luxury ski-in/ski-out condominiums and a 107-key full-service hotel, all just steps away from the River Run Gondola at Keystone Ski Resort. The development also includes 25,000 square feet of commercial space for restaurants, retail, and amenities including a pool, spa, fitness center, ski club, and event space. Preliminary construction activities are underway to relocate utilities. Construction will continue year-round and is scheduled for completion in June 2025., January 2023: PCL Construction broke ground on Schnitzer West Living's luxury residential community, the Avant, in the Denver Tech Center. The Avant is situated on the corner of Greenwood Plaza Boulevard and East Caley Avenue. The property includes 337 highly curated for-rent residences, complete with modern amenities and a two-level indoor structured parking garage with a capacity for roughly 450 cars. Residents will enjoy commanding views of the surrounding mountains year-round from their homes and the property's outdoor pool and hot tub. The property is Schnitzer West's first multifamily residential building, bringing luxurious living experiences to Denver's Tech Center.. Notable trends are: Drop in Building Permits Due to High Interest Rates.
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 ...).
https://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy
The Canadian co-working office space market is experiencing robust growth, projected to reach a market size of $3.24 billion in 2025 and maintain a Compound Annual Growth Rate (CAGR) exceeding 8% through 2033. This expansion is driven by several key factors. The increasing preference for flexible work arrangements among both small and large businesses, fueled by the rise of remote work and the need for agile workspaces, is a significant contributor. Furthermore, the growth of the technology sector (IT and ITES), coupled with the expanding legal, BFSI, and consulting industries, is creating a substantial demand for modern, collaborative office spaces. Toronto, Vancouver, and Calgary are leading the market, attracting significant investment in new co-working facilities and driving intense competition amongst established players like WeWork and Regus, alongside local providers like HiVE Vancouver and Beta Collective. While the market is experiencing healthy growth, potential restraints include rising real estate costs in major cities and economic fluctuations which could impact demand. The continued evolution of hybrid work models will remain a key influencer, shaping both the demand for space and the types of services offered by co-working providers in the coming years. The segmentation of the market highlights the diverse needs of businesses. Flexible managed offices and serviced offices cater to different business sizes and operational requirements. While the IT sector currently dominates, the legal, BFSI, and consulting sectors are demonstrating significant growth in their adoption of co-working spaces. Geographical expansion beyond the major cities of Toronto, Vancouver, Calgary, and Ottawa will likely be a key focus for future growth, with expansion into secondary markets presenting untapped potential. The success of established players and the continued emergence of niche co-working spaces catering to specific industry needs suggest a dynamic and evolving market landscape poised for continued growth in the forecast period. This comprehensive report provides an in-depth analysis of the Canada co-working office space market, covering the period 2019-2033. It offers valuable insights into market size, growth drivers, challenges, and future trends, focusing on key segments and geographic regions. The report is essential for investors, businesses, and stakeholders seeking to understand and navigate this dynamic market. Our analysis incorporates data from the historical period (2019-2024), the base year (2025), and provides forecasts until 2033. Recent developments include: January 2023: Captivate, a leading digital out-of-home video network, announced its strategic partnership with WeWork, a leading global flexible space provider, to transform existing digital screens in WeWork lobbies, elevator banks, and communal workspaces to display the Captivate on-screen content experience. This partnership makes Captivate WeWork's exclusive ad sales representation for the U.S. and Canada., January 2022: In Vancouver, a new space in the Broadway Corridor, dubbed City Link, will bring 40,000 sq. ft. to Mount Pleasant, which IWG has found to be "Vancouver's fastest-growing tech hub". Meanwhile, the new King George Hub will offer even more space, with some 51,500 sq. ft. planned.. Key drivers for this market are: Government Initiatives, Demand for office and retail space. Potential restraints include: Lack of Skilled Labor, Supply chain issues and rising material costs. Notable trends are: Toronto Region is Providing Ample of Opportunities to Tech Giants and Promoting the Market Growth.
Not seeing a result you expected?
Learn how you can add new datasets to our index.
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.