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.

Cost of food in Canada increased 3.30 percent in July of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Canada Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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).

When surveyed in July 2025, some 75 percent of respondents in Canada stated that they expected grocery prices to increase. This figure has increased since the start of the survey period in ************** and first peaked at ** percent in ********.

Key information about House Prices Growth

• Canada house prices grew 0.1% YoY in Jan 2025, following an increase of 0.1% YoY in the previous month.
• YoY growth data is updated monthly, available from Jan 1982 to Jan 2025, with an average growth rate of 1.8%.
• House price data reached an all-time high of 16.5% in Mar 1989 and a record low of -9.7% in Apr 1991.

Monthly average retail prices for selected food products, for Canada and provinces. Prices are presented for the current month and the previous four months. Prices are based on transaction data from Canadian retailers, and are presented in Canadian current dollars.

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.

Housing Index in Canada decreased to 123.30 points in July from 123.40 points in June of 2025. This dataset provides - Canada New Housing Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Residential Property Prices for Canada (QCAN628BIS) from Q1 1970 to Q1 2025 about Canada, residential, HPI, housing, price index, indexes, and price.

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.

Monthly indexes and percentage changes for major components and special aggregates of the Consumer Price Index (CPI), not seasonally adjusted, for Canada, provinces, Whitehorse, Yellowknife and Iqaluit. Data are presented for the corresponding month of the previous year, the previous month and the current month. The base year for the index is 2002=100.

Key information about Canada Nominal Residential Property Price Index

• Canada Nominal Residential Property Price Index was reported at 216.094 2010=100 in Sep 2024.
• This records a decrease from the previous number of 220.286 2010=100 for Jun 2024.
• Canada Nominal Residential Property Price Index data is updated quarterly, averaging 46.012 2010=100 from Mar 1970 to Sep 2024, with 219 observations.
• The data reached an all-time high of 251.553 2010=100 in Mar 2022 and a record low of 6.566 2010=100 in Jun 1970.
• Canada Nominal Residential Property Price Index data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Nominal Residential Property Price Index: 2010=100: Quarterly.

Canada BOS: Input Price Inflation: Increase data was reported at 32.000 % in Mar 2025. This records an increase from the previous number of 13.000 % for Dec 2024. Canada BOS: Input Price Inflation: Increase data is updated quarterly, averaging 26.000 % from Sep 1998 (Median) to Mar 2025, with 107 observations. The data reached an all-time high of 55.000 % in Mar 2011 and a record low of 9.000 % in Sep 2023. Canada BOS: Input Price Inflation: Increase data remains active status in CEIC and is reported by Bank of Canada. The data is categorized under Global Database’s Canada – Table CA.S003: Business Outlook Survey. Business Outlook Survey Questionnaire: Input Price Inflation - Over the next 12 months, are prices of products/services purchased expected to increase at a greater, lesser, or the same rate as over the past year? [COVID-19-IMPACT]

Industrial product price index (IPPI), by product by North American Product Classification System (NAPCS) 2017 Version 2.0. Monthly data are available from January 1956. The table presents data for the most recent reference period and the last four periods. The base period for the index is (202001=100).

Inflation Rate in Canada decreased to 1.70 percent in July from 1.90 percent in June of 2025. This dataset provides - Canada Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Canada Consumer Price Index (CPI): sa: All Items excl Food & Energy data was reported at 153.700 2002=100 in Mar 2025. This records a decrease from the previous number of 153.800 2002=100 for Feb 2025. Canada Consumer Price Index (CPI): sa: All Items excl Food & Energy data is updated monthly, averaging 110.400 2002=100 from Jan 1992 (Median) to Mar 2025, with 399 observations. The data reached an all-time high of 153.800 2002=100 in Feb 2025 and a record low of 84.200 2002=100 in Jan 1992. Canada Consumer Price Index (CPI): sa: All Items excl Food & Energy data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.I009: Core Inflation Index.

Labour Costs in Canada increased to 133.52 points in the second quarter of 2025 from 132.86 points in the first quarter of 2025. This dataset provides - Canada Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Producer Prices in Canada increased to 131.20 points in July from 130.30 points in June of 2025. This dataset provides the latest reported value for - Canada Producer Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The statistic shows the average inflation rate in Canada from 1987 to 2024, with projections up until 2030. The inflation rate is calculated using the price increase of a defined product basket. This product basket contains products and services, on which the average consumer spends money throughout the year. They include expenses for groceries, clothes, rent, power, telecommunications, recreational activities and raw materials (e.g. gas, oil), as well as federal fees and taxes. In 2022, the average inflation rate in Canada was approximately 6.8 percent compared to the previous year. For comparison, inflation in India amounted to 5.56 percent that same year. Inflation in Canada In general, the inflation rate in Canada follows a global trend of decreasing inflation rates since 2011, with the lowest slump expected to occur during 2015, but forecasts show an increase over the following few years. Additionally, Canada's inflation rate is in quite good shape compared to the rest of the world. While oil and gas prices have dropped in Canada much like they have around the world, food and housing prices in Canada have been increasing. This has helped to offset some of the impact of dropping oil and gas prices and the effect this has had on Canada´s inflation rate. The annual consumer price index of food and non-alcoholic beverages in Canada has been steadily increasing over the last decade. The same is true for housing and other price indexes for the country. In general there is some confidence that the inflation rate will not stay this low for long, it is expected to return to a comfortable 2 percent by 2017 if estimates are correct.

House Price Index YoY in Canada decreased to -1.40 percent in July from -1 percent in June of 2025. This dataset includes a chart with historical data for Canada House Price Index YoY.