After surging in 2021, sales activity in the Canadian housing market slowed down in the next two years. According to the forecast, the number of home sales in 2026 is expected to reach almost *******. The Canadian residential housing market is going through a period of change because the skyrocketing home prices are being tempered by various governmental interventions. One of the measures is such as a two-year ban on foreign purchases. Additionally, the government introduced a tax on vacant foreign-owned housing and a tax on assignment sales - resales of homes that have not been constructed or lived in before the time of the sale.

Home Sales in Canada increased to 37626 units in May from 36328 units in April of 2025. This dataset includes a chart with historical data for Canada Home Sales.

The number of home sales in Nova Scotia, Canada, surged in 2021, followed by a decrease in the following two years. In 2024, about ****** home sales took place in Nova Scotia and this figure is expected to reach ****** in 2026. A similar trend could be observed on a national scale, with transaction activity in Canada set to increase by 2026. In terms of home prices, Nova Scotia ranked below the national average, but housing was still significantly more expensive than provinces such as New Brunswick and Newfoundland.

The number of home sales in Saskatchewan, Canada, surged in 2021, followed by a slight decrease in the next two years. In 2023, about ****** home sales took place in Saskatchewan and this figure is expected to reach close to ****** in 2025. A similar trend could be observed on a national scale, with transaction activity in Canada set to increase by 2025. In terms of home prices, Saskatchewan is one of the most affordable provinces for housing.

This dataset includes the listing prices for the sale of properties (mostly houses) in Ontario. They are obtained for a short period of time in July 2016 and include the following fields: Price in dollars Address of the property Latitude and Longitude of the address obtained by using Google Geocoding service Area Name of the property obtained by using Google Geocoding service This dataset will provide a good starting point for analyzing the inflated housing market in Canada although it does not include time related information. Initially, it is intended to draw an enhanced interactive heatmap of the house prices for different neighborhoods (areas) However, if there is enough interest, there will be more information added as newer versions to this dataset. Some of those information will include more details on the property as well as time related information on the price (changes). This is a somehow related articles about the real estate prices in Ontario: http://www.canadianbusiness.com/blogs-and-comment/check-out-this-heat-map-of-toronto-real-estate-prices/ I am also inspired by this dataset which was provided for King County https://www.kaggle.com/harlfoxem/housesalesprediction

Data on the number of residential properties sold, sale price and number of buyers by sale type, property type and period of construction.

Average House Prices in Canada decreased to 690900 CAD in May from 692400 CAD in April of 2025. This dataset includes a chart with historical data for Canada Average House Prices.

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.

Canada Luxury Residential Real Estate Market Report is Segmented by Property Type (Apartments & Condominiums, Villas & Landed Houses), by Business Model (Sales and Rental), by Mode of Sale (Primary (New-Build) and Secondary (Existing-Home Resale)), and by Province (Ontario, British Columbia, and More). The Report Offers Market Size and Forecasts in Value (USD) for all the Above Segments.

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).

See photos of 150164+ Canada real estate and homes for sale. Find real estate for sale in Canada you'll love, including homes just listed on MLS today!

This dataset includes the listing prices for the sale of properties (mostly houses) in Ontario. They are obtained for a short period of time in July 2016 and include the following fields: - Price in dollars - Address of the property - Latitude and Longitude of the address obtained by using Google Geocoding service - Area Name of the property obtained by using Google Geocoding service

This dataset will provide a good starting point for analyzing the inflated housing market in Canada although it does not include time related information. Initially, it is intended to draw an enhanced interactive heatmap of the house prices for different neighborhoods (areas)

However, if there is enough interest, there will be more information added as newer versions to this dataset. Some of those information will include more details on the property as well as time related information on the price (changes).

This is a somehow related articles about the real estate prices in Ontario: http://www.canadianbusiness.com/blogs-and-comment/check-out-this-heat-map-of-toronto-real-estate-prices/

I am also inspired by this dataset which was provided for King County https://www.kaggle.com/harlfoxem/housesalesprediction

The dataset shows the compilation of the number of sales by price range, property transfers, mortgages and acts of financial difficulty registered in the Quebec Land Register. The information is for all of Quebec as well as by administrative region. In Quebec, real estate rights are published as a result of registration in the Land Register. It is governed in particular by the Civil Code of Quebec and by the Regulation respecting land registration. As an authentic legal register created by the legislator, the Quebec Land Register is the official, complete and reliable source of data on the real estate market.

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Residential Real Estate Market Size 2025-2029

The residential real estate market size is forecast to increase by USD 485.2 billion at a CAGR of 4.5% between 2024 and 2029.

The market is experiencing significant growth, fueled by increasing marketing initiatives that attract potential buyers and tenants. This trend is driven by the rising demand for housing solutions that cater to the evolving needs of consumers, particularly in urban areas. However, the market's growth trajectory is not without challenges. Regulatory uncertainty looms large, with changing policies and regulations posing a significant threat to market stability. Notably, innovative smart home technologies, such as voice-activated assistants and energy-efficient appliances, are gaining traction, offering enhanced convenience and sustainability for homeowners.
As such, companies seeking to capitalize on the opportunities presented by the growing the market must navigate these challenges with agility and foresight. The residential construction industry's expansion is driven by urbanization and the rising standard of living in emerging economies, including India, China, Thailand, Malaysia, and Indonesia. By staying abreast of regulatory changes and implementing innovative marketing strategies, they can effectively meet the evolving needs of consumers and maintain a competitive edge. These regulatory shifts can impact everything from property prices to financing options, making it crucial for market players to stay informed and adapt quickly.

What will be the Size of the Residential Real Estate Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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In the dynamic housing market analysis, small flats continue to be a popular choice for both investors and first-time homebuyers, driven by affordability and urban growth. International investment in housing projects, including apartments and condominiums, remains strong, offering attractive investment returns. Real estate syndication and property management software facilitate efficient property ownership and management. Real estate loans, property insurance, and urban planning are essential components of the housing market, ensuring the development of affordable housing and addressing the needs of the middle class and upper middle class. Property disputes, property tax assessments, and real estate litigation are ongoing challenges, requiring careful attention from stakeholders.
Property search engines streamline the process of finding the perfect property, from studio apartments to luxury homes. Real estate auctions, land banking, and nano apartments are innovative solutions in the market, while property flipping and short sales provide opportunities for savvy investors. Urban growth and community development are key trends, with a focus on sustainable, planned cities and the integration of technology, such as real estate blockchain, into the industry. Developers secure building permits, review inspection reports, and manage escrow accounts during real estate transactions. Key services include contract negotiation, dispute resolution, and tailored investment strategies for portfolio management. Financial aspects cover tax implications, estate planning, retirement planning, taxdeferred exchanges, capital gains, tax deductions, and maintaining positive cash flow for sustained returns.

How is this Residential Real Estate Industry segmented?

The residential real estate industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Mode Of Booking

  Sales
  Rental or lease


Type

  Apartments and condominiums
  Landed houses and villas


Location

  Urban
  Suburban
  Rural


End-user

  Mid-range housing
  Affordable housing
  Luxury housing


Geography

  North America

    US
    Canada
    Mexico


  Europe

    France
    Germany
    UK


  APAC

    Australia
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW)

By Mode Of Booking Insights

The sales segment is estimated to witness significant growth during the forecast period. The sales segment dominates the global residential real estate market and will continue to dominate during the forecast period. The sales segment includes the sale of any property that is majorly used for residential purposes, such as single-family homes, condos, cooperatives, duplexes, townhouses, and multifamily residences. With the growing population and urbanization, the demand for homes is also increasing, which is the major factor driving the growth of the sales segment. Moreover, real estate firms work with developers to sel

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.

Market Size statistics on the Real Estate Sales & Brokerage industry in Canada

The house price for Ontario is forecast to decrease by eight percent in 2023, followed by a minor increase of one percent in 2024. From roughly 932,000 Canadian dollars, the average house price in Canada's second most expensive province for housing is expected to fall to 861,000 Canadian dollars in 2024. After British Columbia, Ontario is Canada's most expensive province for housing. Ontario Ontario is the most populated province in Canada, located on the eastern-central side of the country. It is an English speaking province. To the south, it borders American states Minnesota, Michigan, Ohio, Pennsylvania, and New York. Its provincial capital and largest city is Toronto. It is also home to Canada’s national capital, Ottawa. Furthermore, a large part of Ontario’s economy comes from manufacturing, as it is the leading manufacturing province in Canada. The population of Ontario has been steadily increasing since 2000. The population in 2018 was an estimated 14.3 million people. The median total family income in 2016 came to 83,160 Canadian dollars. Ontario housing market The number of housing units sold in Ontario is projected to rise until 2024. Additionally, the average home prices in Ontario have significantly increased since 2007.

Employment statistics on the Real Estate Sales & Brokerage industry in Canada

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 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.