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.

The house price for Ontario is forecast to increase slightly in 2025, after declining by *** percent in 2023. From roughly ******* Canadian dollars, the average house price in Canada's second most expensive province for housing is expected to rise to ******* Canadian dollars in 2025. 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 2023 was an estimated **** million people. The median total family income in 2022 came to ******* Canadian dollars. Ontario housing market The number of housing units sold in Ontario is projected to rise until 2025. Additionally, the average home prices in Ontario have significantly increased since 2007.

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.

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.

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.

This table contains data described by the following dimensions (Not all combinations are available): Geography (247 items: Carbonear; Newfoundland and Labrador; Corner Brook; Newfoundland and Labrador; Grand Falls-Windsor; Newfoundland and Labrador; Gander; Newfoundland and Labrador ...), Type of structure (4 items: Apartment structures of three units and over; Apartment structures of six units and over; Row and apartment structures of three units and over; Row structures of three units and over ...), Type of unit (4 items: Two bedroom units; Three bedroom units; One bedroom units; Bachelor units ...).

Portugal, Canada, and the United States were the countries with the highest house price to income ratio in 2024. In all three countries, the index exceeded 130 index points, while the average for all OECD countries stood at 116.2 index points. The index measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. An index value of 120, for example, would mean that house price growth has outpaced income growth by 20 percent since 2015. How have house prices worldwide changed since the COVID-19 pandemic? House prices started to rise gradually after the global financial crisis (2007–2008), but this trend accelerated with the pandemic. The countries with advanced economies, which usually have mature housing markets, experienced stronger growth than countries with emerging economies. Real house price growth (accounting for inflation) peaked in 2022 and has since lost some of the gain. Although, many countries experienced a decline in house prices, the global house price index shows that property prices in 2023 were still substantially higher than before COVID-19. Renting vs. buying In the past, house prices have grown faster than rents. However, the home affordability has been declining notably, with a direct impact on rental prices. As people struggle to buy a property of their own, they often turn to rental accommodation. This has resulted in a growing demand for rental apartments and soaring rental prices.

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.

The Canadian property management industry witnessed robust growth in rental apartment supply in 2024, lifting national vacancy rates to 2.2%. The expansion in apartment supply was the most significant in over three decades. However, rental market conditions remained tight in crucial markets. The average rent for two-bedroom apartment units climbed 5.4% in 2024, highlighting sustained demand for apartment rentals. Affordability issues persisted since the completion of high-priced units bolstered the supply gain. The industry remained highly competitive, requiring agile adaptation strategies from property managers in response to slower rent growth, higher vacancies, evolving tenant preferences and affordability challenges. Nonetheless, revenue has grown at a CAGR of 0.2% to $9.8 billion through the end of 2025, including a 1.3% climb in 2025. Sustained demand for apartment rental will primarily drive revenue growth in 2025, as residential property management is the industry's largest market. The high cost of housing has continued to subvert the transition from renting to homeownership. Interest rate reductions by the Bank of Canada stimulated a 10.0% climb in home sales in 2024, yet homeownership is still out of reach for most Canadians. As Canadians stay longer in rentals, demand for residential property managers is expected to strengthen. On the other hand, the demand for commercial property management is mixed because of the complexity of commercial buildings, evolving workspace needs and the emergence of hybrid work models. Higher rental rates and lower vacancy rates have led to rising profit. The industry will enjoy growth through the end of 2030, with revenue rising at a CAGR of 1.4% to reach $10.5 billion in 2030. Continuous population growth and urbanization will significantly influence the industry's performance, increasing rental housing demand in major cities. Although interest rates have dropped, home ownership will remain elusive for most Canadians, which means Canadians will rent longer, sustaining demand for residential property management services. Technological advancements will fundamentally change the industry's operations, making Artificial Intelligence, the Internet of Things and automation key drivers of efficiency, sustainability and tenant-centric innovation. The next five years will also present regulatory changes that could add compliance burdens and influence market dynamics. Canadian property management will evolve and be characterized by data-driven portfolio management, tenant retention strategies, technological adoption and compliance with stricter environmental regulations and tenant protection measures.

The Canadian office real estate market, currently valued at approximately $XX million (assuming a reasonable market size based on comparable markets and the provided CAGR), is experiencing robust growth, projected to maintain a Compound Annual Growth Rate (CAGR) exceeding 8% from 2025 to 2033. This expansion is driven by several key factors. Firstly, the flourishing technology sector in major cities like Toronto, Montreal, and Ottawa is fueling significant demand for modern office spaces. Secondly, increasing urbanization and population growth within these metropolitan areas are contributing to a tightening of the office supply, further pushing rental rates upward. Finally, ongoing investments in infrastructure and a generally positive economic outlook in Canada contribute to a favorable environment for real estate investment. Major players like JLL, Colliers, CBRE Canada, and Avison Young are actively shaping the market dynamics, with significant developments and acquisitions influencing market trends. However, the market is not without its challenges. Rising interest rates and economic uncertainty present potential headwinds, impacting investment decisions and potentially slowing down growth in the short term. Furthermore, the increasing adoption of hybrid work models by many companies could lead to a decrease in overall demand for traditional office spaces, though the extent of this impact remains to be seen. The market's resilience will depend on the ability of developers and landlords to adapt to these evolving workplace trends, embracing flexible lease terms and innovative building designs to attract and retain tenants. The segmentation of the market by major cities highlights the regional variations in growth, with Toronto likely remaining a dominant force due to its established financial and technological hubs. A comprehensive understanding of these dynamic factors is crucial for investors and stakeholders navigating this evolving landscape. Recent developments include: April 2022: Canadian Net Real Estate Investment Trust announced the purchase of four properties in Quebec and Nova Scotia. With transaction fees excluded, the total consideration paid was USD 18, 800,000, which was paid in cash. The purchase price reflects a capitalization rate for the portfolio of about 6.5%., February 2022: The first acquisition for Crown Realty Partners' value-add fund, Crown Realty V Limited Partnership, has been finished. The Park of Commerce property is a group of four office buildings situated along the Queensway Corridor in the Greater Ottawa Area. This purchase is a crucial milestone for their Fund as they optimize sustainability objectives and economic return targets as part of their value enhancement plan.. Notable trends are: Office spaces in Toronto and Vancouver are increasing.

This table contains data described by the following dimensions (Not all combinations are available): Geography (163 items: Alma; Quebec; Bathurst; New Brunswick; Baie-Comeau; Quebec; Amos; Quebec ...).

The dataset titled "Wellbeing Toronto - Housing" falls under the domain of Housing and is tagged with keywords such as Affordable, Affordable Housing, Housing, Housing Potential, Price, and Shelter. It is available in the format of a spreadsheet and was published on 30th April 2015. The data spans from 1st January 2008 to 31st December 2012 and covers the geographical area of Toronto. The dataset is open for access and its use is governed by the City of Toronto's Open Government Licence. The dataset is owned by the City of Toronto and any queries regarding access can be directed to opendata@toronto.ca. The dataset was published by Social Development, Finance & Administration and the author is Wellbeing Toronto. The dataset was last accessed on 30th October 2023 and is available in English. It contains a persistent identifier but does not have a globally unique identifier. The dataset does not contain data about individuals or identifiable individuals. The version of the dataset is dated 29th October 2023 and the last data refresh was on 30th April 2015. The dataset is updated annually and covers the city region. It contains 11 rows, 282 columns, and 3100 data cells. The dataset is owned by the City of Toronto Open Data organization. The dataset contains three worksheets with detailed descriptions available in the first worksheet called "IndicatorMetaData". The data is sourced from various organizations including Toronto Community Housing Corporation, City of Toronto's Shelter, Support and Housing Administration, City of Toronto Affordable Housing Office, and Statistics Canada. The dataset is licensed under the UK Open Government Licence (OGL). The metadata was created on 31st October 2023 and last modified on 8th April 2025.

The average price for a house in Newfoundland stood at approximately ******* Canadian dollars in 2024. According to the forecast, house prices in the province are set to continue rising in the next two years, reaching ******* Canadian dollars in 2026. Newfoundland was also the most affordable province for housing in Canada in 2024.Newfoundland Newfoundland and Labrador is the most easterly province in Canada. It’s an English-speaking province which borders French-speaking Quebec. The population of Newfoundland and Labrador has decreased since 2016, and stood most recently at ******* people. Its provincial capital and largest city is St. John’s. The economy of this province is heavily contingent on natural resources. The expansion of oil exportation has helped the economy grow, after it suffered during recent decades. Unfortunately, the population of Newfoundland and Labrador suffers one of the highest unemployment rates in Canada. Even though the low-income rate in Newfoundland and Labrador has decreased since 2000, ** percent of its population is still considered low income. Housing in Newfoundland Two-person households were the most common household size in Newfoundland and Labrador. Additionally, the number of single-detached housing starts per year in Newfoundland and Labrador has significantly decreased since 2012.

Revenue for Canadian apartment lessors has gained through the end of 2025. Apartment lessors collect rental income from rental properties, so market forces largely determine their rates. The supply of apartment rentals has grown slower than demand, which has elevated rental rates for lessors' benefit. Favourable economic conditions and demographic trends during most of the period have driven growth in demand. In 2020, the spread of COVID-19 lessened demand for apartment rentals, but the nature of apartment leases prevented a dip in revenue until 2021. Revenue has climbed since 2022 as higher prices and strong demand have fuelled a robust rental market. Revenue has climbed at a CAGR of 1.9% over the past five years and will reach $68.1 billion through the end of 2025. This includes a 2.4% swell in 2025 alone. Climbing vacancies fueled by a historic gain in rental supply will limit rent growth in 2025. The urban population in Canada has continued to expand, fuelling demand for housing in recent years. The supply of apartment rental units has lagged behind demand growth, reflected in low vacancy rates across Canada. Major urban centres have had especially low vacancy rates in recent years. Disposable income has also grown despite significant economic volatility. This has given individuals more funds to cover living expenses, which has enabled lessors to raise rental rates. Favourable macroeconomic conditions are expected to fuel demand for apartment rentals moving forward. Per capita disposable income will climb while vacancy rates remain low. Immigration and urbanization growth will fuel rent growth in major cities, benefiting apartment rental providers. Demand will continue to outpace supply growth, prompting a revenue gain. Revenue will expand at a CAGR of 1.6% through the end of 2030, reaching $73.7 billion in 2030.

This table contains data described by the following dimensions (Not all combinations are available): Geography (167 items: Census agglomerations 10;000 to 49;999;Alma; Quebec; Amos; Quebec; Baie-Comeau; Quebec ...).

Commercial rents services price index (CRSPI) by North American Industry Classification System (NAICS). Monthly data are available from January 2006 for the total index and from January 2019 for all other indexes. The table presents data for the most recent reference period and the last five periods. The base period for the index is (2019=100).

NAR releases statistics on metropolitan area median home prices each quarter. The price report reflects sales prices of existing condo and co-op prices by metro market. MSAs are as defined by the U.S. Office of Management and Budget and include the specified city or cities and surrounding suburban areas. Separate file was uploaded for Single Family Homes - 1Q 2008 Null or Missing data was replaced with -1 except in the "Percent Change" field where it was replaced with -99

The Canadian residential construction market is expected to experience steady growth over the next decade, with a projected CAGR of 5.00% from 2025 to 2033. This growth is driven by a number of factors, including rising household incomes, increasing population, and continued urbanization. The market is segmented into single-family and multi-family construction, with single-family construction accounting for the majority of market share. The key cities driving the market include Toronto, Vancouver, Montreal, and Ottawa. Key trends in the market include the growing popularity of smart home technologies, the increasing use of sustainable building materials, and the rise of off-site construction. However, the market is also facing a number of challenges, including rising labor costs, supply chain disruptions, and the availability of affordable housing. The key players in the market include Clark Builders, Taggart Group of Companies, Magil Construction, and Buttcon Limited. These companies are expected to continue to play a major role in the growth of the market over the coming years. 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.. Key drivers for this market are: Increasing construction spending by governments, Growing popularity of interior design and architecture is likely to increase the demand for polymer sheets. Potential restraints include: Shortage of Raw Materials. Notable trends are: Drop in Building Permits Due to High Interest Rates.

Metropolitan area median home prices -2005, 2006, 2007(p) and individual quarters for 2007.

This Dataset provides detailed street address level data for Chester new Hampshire Property Listings. Data attributes include price home was last sold at, date of sale, number of bedrooms, bathrooms, and square footage of living area. Data is recent as of January, 2008.