Average House Prices in Canada increased to 688800 CAD in October from 687600 CAD in September 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.

Home Sales in Canada increased to 40423 units in October from 40067 units in September of 2025. This dataset includes a chart with historical data for Canada Home Sales.

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

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.

The average house price in Nova Scotia in 2024 stood at approximately ******* Canadian dollars. In the next year, house prices are forecast to further increase by about five percent. Compared to other provinces, Nova Scotia ranked below the national average in terms of house prices. However, the average price of a house in Nova Scotia was twice lower than in Ontario or British Columbia. Exploding population growth in recent yearsNova Scotia is the second-smallest province after Prince Edward Island, and had a population of just under *********** in 2018. The population of this province was relatively steady between 2000 and 2015, but has taken off since then. This sudden growth may be a factor in the increasing house prices, as demand also increases due to the greater number of residents looking for homes. The future of housing affordability in Nova ScotiaHalifax, the provincial capital, had an affordable housing market as of 2018, with mortgage payments only constituting about ** percent of average household incomes. The number of housing starts in the region has increased in the past few years, which also suggests an increase in demand. Only time will tell whether this will ensure a sufficient supply of homes for the region in response to its growing population.

Price-To-Sales-Ratio Time Series for RioCan Real Estate Investment Trust. RioCan meets the everyday shopping needs of Canadians through the ownership, management and development of necessity-based and mixed-use properties in densely populated communities. As at June 30, 2025, our portfolio is comprised of 178 properties with an aggregate net leasable area of approximately 32 million square feet (at RioCan's interest).

Data on resident buyers who are persons that purchased a residential property in a market sale and filed their T1 tax return form: number of and incomes of residential property buyers, sale price, price-to-income ratio by the number of buyers as part of a sale, age groups, first-time home buyer status, buyer characteristics (sex, family type, immigration status, period of immigration, admission category).

The number of home sales in New Brunswick, Canada, surged in 2021, followed by a decrease in the next two years. In 2023, about ***** home sales took place in New Brunswick and this figure is expected to reach ***** in 2025. Meanwhile, transaction activity in Canada is set to increase by 2025. When it comes to house prices, New Brunswick ranked as the province with the most affordable home prices, followed by Newfoundland and Saskatchewan.

House prices in British Columbia and Ontario were notably higher than any other province in Canada in 2024. The average house price in any other province was less than ******* Canadian dollars, whereas in British Columbia and Ontario, it exceeded ******* Canadian dollars. The most affordable province to buy a home was Newfoundland, where the average home cost about ******* Canadian dollars.

Price to Rent Ratio in Canada decreased to 125.50 in the third quarter of 2025 from 128.87 in the second quarter of 2025. This dataset includes a chart with historical data for Canada Price to Rent Ratio.

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 valued to increase USD 485.2 billion, at a CAGR of 4.5% from 2024 to 2029. Growing residential sector globally will drive the residential real estate market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 55% growth during the forecast period.
By Mode Of Booking - Sales segment was valued at USD 926.50 billion in 2023
By Type - Apartments and condominiums segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 41.01 billion
Market Future Opportunities: USD 485.20 billion
CAGR : 4.5%
APAC: Largest market in 2023

Market Summary

The market is a dynamic and ever-evolving sector that continues to shape the global economy. With increasing marketing initiatives and the growing residential sector globally, the market presents significant opportunities for growth. However, regulatory uncertainty looms large, posing challenges for stakeholders. According to recent reports, technology adoption in residential real estate has surged, with virtual tours and digital listings becoming increasingly popular. In fact, over 40% of homebuyers in the US prefer virtual property viewings. Core technologies such as artificial intelligence and blockchain are revolutionizing the industry, offering enhanced customer experiences and streamlined processes.
Despite these advancements, regulatory compliance remains a major concern, with varying regulations across regions adding complexity to market operations. The market is a complex and intriguing space, with ongoing activities and evolving patterns shaping its future trajectory.

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

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How is the Residential Real Estate Market Segmented and what are the key trends of market segmentation?

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.

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The Sales segment was valued at USD 926.50 billion in 2019 and showed a gradual increase during the forecast period.

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Regional Analysis

APAC is estimated to contribute 55% to the growth of the global market during the forecast period.Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The market in the Asia Pacific (APAC) region holds a significant share and is projected to lead the global market growth. Factors fueling this expansion include the region's rapid urbanization and increasing consumer spending power. Notably, residential and commercial projects in countries like India and China are experiencing robust development. The residential real estate sector in China plays a pivotal role in the economy and serves as a major growth driver for the market.

With these trends continuing, the APAC the market is poised for continued expansion during the forecast period.

Market Dynamics

Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

In the Residential Real Estate Market, understanding the impact property tax rates home values and effect interest rates mortgage affordability is essential for buyers and investors. Key factors affecting home price appreciation and factors influencing housing affordability shape market trends, while the importance property due diligence process and requirements environmental site assessment ensure informed decisions. Investors benefit from methods calculating rental property roi, process home equity loan application, and benefits real estate portfolio diversification. Tools like property management software efficiency and techniques effective property marketing help tackle challenges managing rental properties. Additionally, strategies successf

In June 2025, the average sales price in Greater Toronto, Canada, was the highest for detached houses, at **** million Canadian dollars. Buying a condo would cost a homebuyer about 696,000 Canadian dollars. Toronto is Canada's most populous city and the country's most important economic center. It consists of 25 municipalities, including Toronto City, Mississauga, Brampton, and others.

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Bounce House Market Size 2024-2028

The bounce house market size is forecast to increase by USD 810.16 million at a CAGR of 5.81% between 2023 and 2028.

The market is experiencing significant growth, driven by the increasing demand for commercial use of these inflatable structures at events and parties. The market is further fueled by the trend towards themed bounce houses, which offer unique and engaging experiences for children and adults alike. However, the market is not without challenges. The high maintenance requirements associated with bounce houses can pose operational difficulties for businesses, including regular inspections, repairs, and replacement of worn-out components. To capitalize on market opportunities and navigate these challenges effectively, companies must focus on offering reliable and durable bounce houses, as well as providing excellent customer service and support. Additionally, partnerships with event organizers and party rental companies can help expand market reach and increase revenue streams. Overall, the market presents a compelling investment opportunity for businesses seeking to cater to the growing demand for inflatable structures at various events and celebrations.

What will be the Size of the Bounce House Market during the forecast period?

Request Free SampleThe events industry continues to evolve, with inflatable structures like bounce houses becoming increasingly popular for parties and commercial functions. Nylon and PVC materials are commonly used due to their durability and safety standards. Customization options allow brands to create unique experiences for children and adults alike. Investment in this market is on the rise, driven by the portability and versatility of these structures. Safety regulations play a crucial role in the market, ensuring the structures meet commercial standards. Sales of these inflatables have seen consistent growth due to their ability to provide a fun and engaging experience. Distribution channels have expanded, making it easier for businesses to rent these structures for various events. Brand recognition is another factor fueling the market's growth, as companies seek to differentiate themselves through customized and innovative designs. The focus on safety and durability ensures that these structures remain a popular choice for events, providing a reliable and cost-effective solution for businesses.

How is this Bounce House Industry segmented?

The bounce house industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. ApplicationHouseholdCommercialTypeDry bounce houseDry and wet bounce houseWet bounce houseGeographyNorth AmericaUSCanadaAPACChinaEuropeGermanyUKSouth AmericaMiddle East and Africa

By Application Insights

The household segment is estimated to witness significant growth during the forecast period.The market experiences significant growth as more families prioritize at-home entertainment solutions, particularly residential bounce houses. These inflatable structures offer a safe and controlled environment for children to enjoy fun activities, addressing health and safety concerns that come with commercial facilities. The investment in a residential bounce house is cost-effective in the long run, eliminating the need for recurring expenses on entry fees. The market caters to diverse consumer preferences with various themes, sizes, and customization options. Brands provide after-sales service, warranties, and maintenance packages to ensure customer loyalty and satisfaction. Social media and influencer promotions contribute to the market's expansion, making bounce houses an increasingly popular choice for parties and events. Regulations and safety standards ensure the quality and durability of bounce houses, providing peace of mind for parents. The market's evolution includes the integration of e-commerce platforms for online sales, logistics, and distribution, as well as the expansion into commercial applications such as carnivals, theme parks, and indoor facilities. The market continues to adapt to consumer demands, offering a range of solutions for various budgets, events, and entertainment needs.

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The Household segment was valued at USD 1389.75 million in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 33% to the growth of the global market during the forecast period.Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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In North America, the market experiences consistent demand due to th

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Commercial Real Estate Market Size 2025-2029

The commercial real estate market size is valued to increase USD 427.3 billion, at a CAGR of 4.6% from 2024 to 2029. Growing commercial sector globally will drive the commercial real estate market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 42% growth during the forecast period.
By End-user - Offices segment was valued at USD 476.50 billion in 2023
By Channel - Rental segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 43.44 billion
Market Future Opportunities: USD 427.30 billion
CAGR : 4.6%
APAC: Largest market in 2023

Market Summary

The market is a dynamic and ever-evolving sector that continues to shape the global business landscape. Core technologies and applications, such as Building Information Modeling (BIM) and Real Estate Information Systems (REIS), are increasingly being adopted to streamline operations and enhance efficiency. According to a recent report, the BIM market in the real estate sector is projected to grow at a steady pace, reaching a market share of 30% by 2025. Service types and product categories, including property management, brokerage, and construction services, are also experiencing significant changes. For instance, the growing trend of remote work and online shopping is driving demand for flexible and adaptable commercial spaces.
Additionally, regulations and policies are evolving to accommodate these changes, with many governments investing in smart city initiatives and green building standards. Despite these opportunities, the market faces challenges such as economic uncertainty, changing demographics, and increasing competition. However, these challenges also present new opportunities for innovation and growth. For instance, the adoption of proptech solutions and the integration of artificial intelligence and machine learning are transforming the way commercial real estate is bought, sold, and managed. Overall, the market is a complex and dynamic ecosystem that requires constant monitoring and adaptation to stay ahead of the curve.

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

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How is the Commercial Real Estate Market Segmented and what are the key trends of market segmentation?

The commercial 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.

End-user

  Offices
  Retail
  Leisure
  Others


Channel

  Rental
  Lease
  Sales


Transaction Type

  Commercial Leasing
  Property Sales
  Property Management


Service Type

  Brokerage Services
  Property Development
  Valuation Consulting
  Facilities Management


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    Egypt
    KSA
    Oman
    UAE


  APAC

    China
    India
    Japan


  South America

    Argentina
    Brazil


  Rest of World (ROW)

By End-user Insights

The offices segment is estimated to witness significant growth during the forecast period.

In the ever-evolving market, the offices segment is experiencing significant growth, driven by shifting work trends and corporate demands. Flexible work arrangements, hybrid models, and technological integration are transforming the need for office space. Businesses prioritize contemporary, adaptable, and technologically advanced workspaces to attract and retain talent. Co-working spaces like Regus and WeWork, which offer flexible office solutions, are gaining popularity. Major corporations, such as Google and Amazon, invest in innovative office designs that foster collaboration and employee satisfaction. According to recent market data, the offices end-user segment is projected to expand by 15% between 2024 and 2028, underscoring the continuous adaptation of workspaces to modern business practices.

Meanwhile, tenant occupancy rates remain a critical concern for commercial property owners. Lease agreement terms, negotiation strategies, and rent collection efficiency are essential factors in maintaining a healthy portfolio. Building lifecycle costs, code compliance, and investment return metrics are other essential considerations for property managers. Environmental impact assessments, construction cost estimating, and property tax appeals are also crucial elements in the market. Property value depreciation, commercial property insurance, and portfolio risk management are essential aspects of property management. Property management software, energy efficiency upgrades, and property tax assessments are key tools for optimizing o

TRREB Releases 2022 Q4 Condo Market Statistics Selling prices for condominium apartments bucked the overall downward trend in the housing market during the fourth quarter of 2022. The average selling price in Q4 2022 stayed in line with the average in Q4 2021. "While condo market conditions have become more balanced over the past year, there has been enough demand relative to supply to support selling prices. On average, the condo market segment is the most affordable. Therefore, it makes sense that we didn9t see the same type of price adjustment, in the face of higher borrowing costs, compared to other more expensive segments like detached homes," said Toronto Regional Real Estate Board (TRREB) President Paul Baron. Total condo apartment sales amounted to 3,582 in Q4 2022 3 down 54.1 per cent compared to Q4 2021. New listings were also down on a year-over-year basis by 14.3 per cent. The average Q4 2022 selling price was $710,520, which was slightly higher than the Q4 2021 average of $710,246. Looking at individual Greater Toronto Area (GTA) regions, a similar trend played itself out, with average selling prices remaining flat compared to last year. "Condo apartments remain an important segment of the market. They are the key entry point for many first-time buyers. Investor-owned condos are also an important source of rental supply in many parts of the GTA. As immigration into Canada continues at a record pace for the foreseeable future, the GTA will welcome many new households. This should see the demand for condos, in both the ownership and rental markets, strengthen moving forward," said TRREB Chief Market Analyst Jason Mercer.

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Metaverse Real Estate Market Size 2024-2028

The metaverse real estate market size is forecast to increase by USD 11.58 billion, at a CAGR of 73.6% between 2023 and 2028.

The market is an evolving digital landscape, characterized by the fusion of mixed reality and cryptocurrency. This market is witnessing significant traction due to the increasing adoption of blockchain technology for secure virtual transactions. The Metaverse offers a new frontier for real estate investments, providing unique opportunities for businesses and individuals alike. The market's dynamics are shaped by several factors. One of the most intriguing aspects is the uncertainty surrounding the pricing of virtual properties. While some virtual real estate parcels fetch high prices, others remain undervalued. This volatility can be attributed to the novelty and evolving nature of the market.
Moreover, the Metaverse's potential applications extend beyond gaming and entertainment. Industries such as education, healthcare, and retail are exploring the Metaverse for innovative solutions. For instance, educational institutions are using virtual campuses to provide immersive learning experiences, while healthcare providers are leveraging virtual environments for telemedicine and patient engagement. Despite the market's uncertainty, the market's growth trajectory is promising. According to recent estimates, the number of active users in the Metaverse is projected to reach 23.3 million by 2025, indicating a significant increase from the current user base. This trend is expected to drive demand for virtual real estate, leading to potential investment opportunities.
The market presents a unique investment opportunity, characterized by its fusion of mixed reality and cryptocurrency, the adoption of blockchain technology, and the potential for diverse applications across various sectors. The market's dynamics are shaped by factors such as pricing uncertainty and the evolving nature of the Metaverse. Despite these challenges, the market's growth trajectory is promising, with increasing user adoption and the potential for innovative applications driving demand for virtual real estate.

Major Market Trends & Insights

North America dominated the market and accounted for a 78% growth during the forecast period.
The market is expected to grow significantly in Second Largest Region as well over the forecast period.
By the End-user, the Enterprises sub-segment was valued at USD 225.80 billion in 2022
By the Type, the Virtual Land sub-segment accounted for the largest market revenue share in 2022

Market Size & Forecast

Market Opportunities: USD 1.25 billion
Future Opportunities: USD USD 11.58 billion 
CAGR : 73.6%
North America: Largest market in 2022

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

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Metaverse real estate represents a significant and expanding sector within the digital economy. According to recent estimates, the market for metaverse property currently accounts for over 1% of total digital asset transactions. Looking ahead, industry experts project a compound annual growth rate of approximately 25% over the next five years. Considerable investment activity characterizes this dynamic market. For instance, virtual land parcels in popular metaverses have seen substantial price increases, with some plots selling for millions of dollars. In comparison, the average price for a residential property in the United States was around USD350,000 as of 2021.
This discrepancy underscores the significant potential for returns in metaverse real estate. Moreover, the market encompasses a diverse range of offerings. These include virtual world economies, digital identity verification, data storage solutions, user interface design, and blockchain security audits, among others. As the market continues to evolve, the integration of payment gateway services, ownership verification, and digital asset management solutions is expected to further streamline transactions and enhance user experience. Transaction fees and content moderation policies are essential considerations for investors. While fees vary between platforms, they can impact potential returns. Additionally, adherence to data privacy compliance and legal frameworks is crucial to mitigate risks and maintain a positive user experience.
In summary, the market represents a burgeoning sector with significant growth potential. Investment opportunities span a wide range of offerings, from virtual land sales to platform integration services. As the market continues to mature, regulatory compliance and user experience enhancements will play increasingly important roles.

How is this Metaverse Real Estate Industry segmented?

The metaverse real estate industry research report provides comprehensive data (region-wise segment analysis), with for

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Generative AI In Real Estate Market Size 2025-2029

The generative AI in real estate market size is forecast to increase by USD 1.17 billion at a CAGR of 28.4% between 2024 and 2029.

In the real estate sector, the increasing demand for hyper-personalized experiences and enhanced customer engagement is driving the adoption of generative AI. This technology enables the creation of hyper-realistic virtual staging and generative design, catering to the unique preferences of potential buyers and tenants. However, the integration of AI in real estate comes with challenges. Data privacy, security, and evolving regulatory scrutiny pose significant obstacles, necessitating robust data protection measures and regulatory compliance. The adoption of blockchain technology for secure transactions adds an additional layer of trust and reliability to the market.
By addressing these issues, real estate businesses can leverage AI to deliver personalized experiences, streamline operations, and gain a competitive edge in the market. Companies seeking to capitalize on the opportunities presented by generative AI in real estate must prioritize these challenges to ensure secure and ethical implementation. Virtual reality technology and mixed reality environments are becoming more prevalent, offering users unique and interactive spaces for socializing, working, and even purchasing virtual property.

What will be the Size of the Generative AI In Real Estate Market during the forecast period?

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The market for generative AI in real estate continues to evolve, with applications spanning various sectors and driving significant changes. Architectural visualization and property condition assessment are revolutionizing the design and construction process, reducing transaction costs by up to 10%. Deep learning models and image recognition technology are enhancing risk mitigation strategies, enabling accurate property pricing models and investment return analysis. Market trend prediction and demand forecasting models are optimizing sales performance metrics, while compliance automation and legal document review streamline operations. Virtual reality experiences and augmented reality overlays offer new dimensions in customer satisfaction metrics, and sustainability assessment and environmental impact analysis are shaping the industry's future.

The real estate AI market is expected to grow by over 20% annually, as businesses increasingly adopt these technologies to remain competitive. For instance, a leading property management software company reported a 15% increase in sales after implementing a lease renewal prediction system. Regulatory uncertainty remains a challenge, but innovation in construction technologies, such as generators and renewable energy solutions, is helping mitigate risks.

How is this Generative AI In Real Estate Industry segmented?

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

Component

  Software tools
  Platforms
  Services


Deployment

  Cloud
  On premises


Application

  Property valuation
  Building design
  Predictive maintenance
  Energy management


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  APAC

    China
    India
    Japan


  South America

    Brazil


  Rest of World (ROW)

By Component Insights

The Software tools segment is estimated to witness significant growth during the forecast period. The software tools segment in the generative AI market for real estate is experiencing significant growth due to its ability to deliver substantial operational efficiencies, cost savings, and marketing advantages for industry professionals. This segment includes specialized applications, plugins, and standalone tools designed to address specific challenges in the real estate value chain. One notable example is virtual staging software, which employs generative adversarial networks or diffusion models to create digital furnishings for vacant properties. By eliminating the need for physical staging, this technology saves time, reduces costs, and enhances marketing appeal. Building Information Modeling (BIM) and big data analytics are transforming property management and due diligence.

The Generative AI in Real Estate Market is transforming property transactions through advanced technologies like real estate chatbots that enhance customer engagement and query resolution. Property search optimization powered by natural language processing enables intuitive and accurate search experiences. Computer

In June 2025, a single-family house in Oak Bay cost **** million Canadian dollars. Oak Bay was the most expensive suburb in Victoria, British Columbia, followed by Highlands and North Saanich. Victoria: an overview Victoria is the capital city of the province of British Columbia. The city is located south of Vancouver, and across the U.S. border from Seattle. In 2020, the average home price in Victoria was ****million Canadian dollars, which placed the city as the sixth most expensive Canadian city for residential real estate. Home affordability in Canada Housing affordability is, undoubtedly, one of the biggest barriers to homeownership in Canada. In 2025, the ratio of homeownership costs to income was **** percent. Nevertheless, more expensive locations in the country had a higher ratio, with Vancouver exceeding ** percent, suggesting that on average, mortgage payments were slightly lower than the average income.