About two in three Canadians lived in an owner-occupied home in 2022. Since 2017, the home ownership rate in Canada has fluctuated and in 2019, it peaked at approximately 68.6 percent. In 2022, this figure was slightly lower, at 66.5 percent.
Canadians aged 18 to 34 were most likely to plan a home purchase in the next 12 months, according to the results of a survey conducted in January 2023. Approximately 10 percent of the respondents in this age group planned to buy a home in the next year, whereas in the 35 to 44 age group, this share was six percent. The source adds that the average for the country was 43 percent, meaning that 43 percent of Canadians wanted to make a home purchase in the next five years.
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Graph and download economic data for Real Residential Property Prices for Canada (QCAR628BIS) from Q1 1970 to Q3 2024 about Canada, residential, HPI, housing, real, price index, indexes, and price.
Home affordability has worsened substantially in Canada since 2021. In January 2023, the monthly single-family mortgage payment amounted to approximately 66 percent of a household's income, on average. In 2021, when affordability had improved slightly, the average mortgage payment constituted 47 percent of a household's income.
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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).
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Housing Index in Canada increased to 124.50 points in February from 124.40 points in January of 2025. This dataset provides - Canada New Housing Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Housing stock in units is an economic estimate of the number of housing units in Canada, the provinces and territories by institutional sector, dwelling occupation, dwelling type, and tenure type. These data are used to estimate gross domestic product by income and expenditure. The units are benchmarked to dwelling data from the census at the national, provincial and territorial levels. Dwelling type and tenure type are also aligned with census data.
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This table contains data described by the following dimensions (Not all combinations are available): Geography (11 items: Canada; Prince Edward Island; Nova Scotia; Newfoundland and Labrador ...), Housing estimates (3 items: Housing starts; Housing under construction; Housing completions ...), Type of unit (6 items: Total units; Semi-detached; Single-detached; Multiples ...).
The average Canadian house price declined slightly in 2023, after four years of consecutive growth. The average house price stood at 678,282 Canadian dollars in 2023 and was forecast to reach 722,063 Canadian dollars by 2025. Home sales on the rise The number of housing units sold is also set to increase over the two-year period. From 443,511 units sold, the annual number of home sales in the country is expected to fall to 489,661 in 2024. 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 2024. 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.
The Ontario Homeownership Index takes the pulse of Ontarians' perceptions of home ownership and real estate markets at the neighbourhood, city, and provincial level. Developed in partnership with the Ontario Real Estate Association (OREA), the Index gathers Ontarians' perceptions on the state of the economy, as well as their current housing situation and readiness to buy, sell, or rent. Respondents are queried on related topics such as their preferred type of home to purchase, perceptions on ownership, and opinions on realtors and the real estate profession. This survey has a sample of 1517 respondents and was performed online, November 4-7, 2013.
Average age and remaining useful service life ratio of Canadian residential housing assets. Annual estimates are available by province and territory, type of asset, and type of dwelling.
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Housing Starts in Canada decreased to 229.03 Thousand units in February from 239.32 Thousand units in January of 2025. This dataset provides the latest reported value for - Canada Housing Starts - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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The Canadian Smart Home Market Report is Segmented by Product Type (Comfort and Lighting, Control and Connectivity, Energy Management, Home Entertainment, Security, Smart Appliances, and HVAC Control) and Technology (Wi-Fi, Bluetooth, and Other Technologies). The Report Offers the Market Sizes and Forecasts for all the Above Segments in Value (USD).
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House Price Index MoM in Canada increased to 0.10 percent in February from -0.10 percent in January of 2025. This dataset includes a chart with historical data for Canada House Price Index MoM.
New residential construction in Canada 1948-2023 Published by Fernando de Querol Cumbrera, Jun 7, 2024 In 2023, there were fewer new home construction starts in Canada than in the previous year. Construction starts peaked in 2021, when there were 271,200 housing units whose construction started that year. Despite the restrictions imposed in Canada during the COVID-19 pandemic, the industry managed to continue operating, with increases in the number of housing starts in 2020 and 2021. How many homes are under development? In 2022, the number of housing units that were under construction in Canada was approximately 334,000 units. After a period of stagnation until 2016, the housing industry witnessed a significant surge in construction activity, with an annual growth rate of nearly 9.5 percent. Numerous factors are attributed to this rise, including the heightened demand for housing, an expanding economy that encouraged investment, and the response to the shortage of housing. How expensive are homes in Canada? In 2023, the average cost of a house in Canada was around 678,282 Canadian dollars. The average house price had fallen that year by 25,593 Canadian dollars compared in 2023 compared to the previous year. Another way to measure the trends in housing prices is the house price-to-income ratio. It measures the development of housing affordability and is calculated by dividing the nominal house price by the nominal disposable income per head. The house price-to-income ratio in Canada fell by 15.8 percentage points between the second quarter of 2022 and that same quarter in 2023, indicating that house values decreased in relation to earnings. This makes homeownership in Canada more challenging due to the decreasing affordability of dwellings.
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Forecast: Housing Starts in Canada 2022 - 2026 Discover more data with ReportLinker!
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This dataset includes Statistics Canada table 46-10-0029-01, titled “Property use of residential properties, by property type and residency ownership”. The table has been edited to include only geographies from British Columbia and to have the unique ID numbers added to the Census Subdivisions and Census Metropolitan Areas. The table is available in CSV and Excel Workbook format. Definitions and notes are included at the bottom of the spreadsheet. This data set was collected as part of the Canadian Housing Statistics Program by Statistics Canada. Geographies: British Columbia, Abbotsford-Mission, census metropolitan area, Abbotsford, Mission, Kelowna, census metropolitan area, Central Okanagan, Central Okanagan J, Kelowna, Lake Country, Peachland, West Kelowna, Vancouver, census metropolitan area, Anmore, Belcarra, Bowen Island, Burnaby, Coquitlam, Delta, Langley, city, Langley, municipal district, Lions Bay, Maple Ridge, Metro Vancouver A, New Westminster, North Vancouver, city, North Vancouver, municipal district, Pitt Meadows, Port Coquitlam, Port Moody, Richmond, Surrey, Vancouver, West Vancouver, White Rock, Victoria, census metropolitan area, Central Saanich, Colwood, Esquimalt, Highlands, Juan de Fuca (Part 1), Langford, Metchosin, North Saanich, Oak Bay, Saanich, Sidney, Sooke, Victoria, View Royal, British Columbia, outside of census metropolitan areas, Alberni-Clayoquot A, Alberni-Clayoquot B, Alberni-Clayoquot C, Alberni-Clayoquot D, Alberni-Clayoquot E, Alberni-Clayoquot F, Alert Bay, Armstrong, Ashcroft, Barriere, Bulkley-Nechako A, Bulkley-Nechako B, Bulkley-Nechako C, Bulkley-Nechako D, Bulkley-Nechako E, Bulkley-Nechako F, Bulkley-Nechako G, Burns Lake, Cache Creek, Campbell River, Canal Flats, Cariboo A, Cariboo B, Cariboo C, Cariboo D, Cariboo E, Cariboo F, Cariboo G, Cariboo H, Cariboo I, Cariboo J, Cariboo K, Cariboo L, Castlegar, Central Coast A, Central Coast C, Central Coast D, Central Coast E, Central Kootenay A, Central Kootenay B, Central Kootenay C, Central Kootenay D, Central Kootenay E, Central Kootenay F, Central Kootenay G, Central Kootenay H, Central Kootenay I, Central Kootenay J, Central Kootenay K, Chase, Chetwynd, Chilliwack, Clearwater, Clinton, Coldstream, Columbia-Shuswap A, Columbia-Shuswap B, Columbia-Shuswap C, Columbia-Shuswap D, Columbia-Shuswap E, Columbia-Shuswap F, Comox, Comox Valley A, Comox Valley B (Lazo North), Comox Valley C (Puntledge - Black Creek), Courtenay, Cowichan Valley A, Cowichan Valley B, Cowichan Valley C, Cowichan Valley D, Cowichan Valley E, Cowichan Valley F, Cowichan Valley G, Cowichan Valley H, Cowichan Valley I, Cranbrook, Creston, Cumberland, Dawson Creek, Duncan, East Kootenay A, East Kootenay B, East Kootenay C, East Kootenay E, East Kootenay F, East Kootenay G, Elkford, Enderby, Fernie, Fort St. James, Fort St. John, Fraser Lake, Fraser Valley A, Fraser Valley B, Fraser Valley C, Fraser Valley D, Fraser Valley E, Fraser Valley F, Fraser Valley G, Fraser Valley H, Fraser-Fort George A, Fraser-Fort George C, Fraser-Fort George D, Fraser-Fort George E, Fraser-Fort George F, Fraser-Fort George G, Fraser-Fort George H, Fruitvale, Gibsons, Gold River, Golden, Grand Forks, Granisle, Greenwood, Harrison Hot Springs, Hazelton, Hope, Houston, Hudson's Hope, Invermere, Juan de Fuca (Part 2), Kamloops, Kaslo, Kent, Keremeos, Kimberley, Kitimat, Kitimat-Stikine A, Kitimat-Stikine B, Kitimat-Stikine C (Part 1), Kitimat-Stikine C (Part 2), Kitimat-Stikine D, Kitimat-Stikine E, Kitimat-Stikine F, Kootenay Boundary A, Kootenay Boundary B / Lower Columbia-Old-Glory, Kootenay Boundary C / Christina Lake, Kootenay Boundary D / Rural Grand Forks, Kootenay Boundary E / West Boundary, Ladysmith, Lake Cowichan, Lantzville, Lillooet, Logan Lake, Lumby, Lytton, Mackenzie, Masset, McBride, Merritt, Midway, Montrose, Mount Waddington A, Mount Waddington B, Mount Waddington C, Mount Waddington D, Nakusp, Nanaimo, Nanaimo A, Nanaimo B, Nanaimo C, Nanaimo E, Nanaimo F, Nanaimo G, Nanaimo H, Nelson, New Denver, New Hazelton, North Coast A, North Coast C, North Coast D, North Coast E, North Cowichan, North Okanagan B, North Okanagan C, North Okanagan D, North Okanagan E, North Okanagan F, Northern Rockies, Okanagan-Similkameen A, Okanagan-Similkameen B, Okanagan-Similkameen C, Okanagan-Similkameen D, Okanagan-Similkameen E, Okanagan-Similkameen F, Okanagan-Similkameen G, Okanagan-Similkameen H, Oliver, One Hundred Mile House, Osoyoos, Parksville, Peace River B, Peace River C, Peace River D, Peace River E, Pemberton, Penticton, Port Alberni, Port Alice, Port Clements, Port Edward, Port Hardy, Port McNeill, Pouce Coupe, Powell River, Powell River A, Powell River B, Powell River C, Powell River D, Powell River E, Prince George, Prince Rupert, Princeton, Qualicum Beach, Queen Charlotte, Quesnel, Radium Hot Springs, Revelstoke, Rossland, Salmo, Salmon Arm, Saltspring Island, Sayward, Sechelt, Sicamous, Silverton, Slocan, Smithers, Southern Gulf Islands, Spallumcheen,...
This table contains data described by the following dimensions (Not all combinations are available): Geography (86 items: Nova Scotia; Prince Edward Island; Canada; Newfoundland and Labrador ...), Type of dwelling unit (5 items: Total units; Row units; Single units; Semi-detached units ...), Type of market (5 items: Homeowner; Rental; Condo; Co-op ...).
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 2025 is expected to reach almost 525,500. 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.
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Canada Housing Stock: Mobile Homes data was reported at 282.001 Unit th in 2021. This records an increase from the previous number of 279.743 Unit th for 2020. Canada Housing Stock: Mobile Homes data is updated yearly, averaging 261.317 Unit th from Dec 2000 (Median) to 2021, with 22 observations. The data reached an all-time high of 282.001 Unit th in 2021 and a record low of 232.530 Unit th in 2000. Canada Housing Stock: Mobile Homes data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.EB001: Housing Stock.
About two in three Canadians lived in an owner-occupied home in 2022. Since 2017, the home ownership rate in Canada has fluctuated and in 2019, it peaked at approximately 68.6 percent. In 2022, this figure was slightly lower, at 66.5 percent.