Average House Prices in Canada decreased to 686800 CAD in September from 687600 CAD in August of 2025. This dataset includes a chart with historical data for Canada Average House Prices.

Graph and download economic data for Real Residential Property Prices for Canada (QCAR368BIS) from Q1 1971 to Q2 2025 about Canada, residential, housing, real, and price.

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).

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 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.

Housing Index in Canada decreased to 122.90 points in August from 123.30 points in July of 2025. This dataset provides - Canada New Housing Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

House Price Index YoY in Canada decreased to -1.68 percent in August from -1.40 percent in July of 2025. This dataset includes a chart with historical data for Canada House Price Index YoY.

According to the composite price index, Canadian residential property prices peaked in the first quarter of 2022, followed by a decline. In the first quarter of 2025, the index measured ***** index points, down from the peak of ***** index points. According to a January 2025 forecast, Canadian house prices are expected to rise by 2026.

House Price Index MoM in Canada decreased to -0.30 percent in August from -0.10 percent in July of 2025. This dataset includes a chart with historical data for Canada House Price Index MoM.

Residential Property Prices in Canada decreased 3.60 percent in June of 2025 over the same month in the previous year. This dataset includes a chart with historical data for Canada Residential Property Prices.

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.

View quarterly updates and historical trends for Canada House Price Index. Source: Federal Reserve Bank of Dallas. Track economic data with YCharts analyt…

The house price to income ratio in Canada peaked in the second quarter of 2022, followed by a decline until the second quarter of 2025. The ratio 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. Canada's index score in the second quarter of 2025 amounted to *****, which means that house price growth has outpaced income growth by almost **** percent since 2015. Canadian home prices continue to grow House prices in Canada have steadily increased over the past decade, despite a very mild decline in 2023. This trend is forecast to continue until 2026, albeit at a lower rate than in the period between 2019 and 2022. In British Columbia, which has consistently been the most expensive province for housing, the average house price is expected to reach nearly *** million Canadian dollars in 2026. The rising homeownership costs have also affected rents. In 2024, the average two-bedroom apartment rent in Vancouver exceeded ***** Canadian dollars. Canadian incomes on the rise Incomes in Canada have steadily risen since 2000 and show no signs of slowing down in the near future. This should improve housing affordability, as long as home price growth slows down.

Real residential property prices Y-on-Y, percent change in Canada, June, 2025 The most recent value is -5.28 percent as of Q2 2025, a decline compared to the previous value of -3.9 percent. Historically, the average for Canada from Q1 1990 to Q2 2025 is 2.47 percent. The minimum of -19.26 percent was recorded in Q1 2023, while the maximum of 18.2 percent was reached in Q1 2022. | TheGlobalEconomy.com

View monthly updates and historical trends for Canada New Housing Price Index YoY. Source: Statistics Canada. Track economic data with YCharts analytics.

This table contains 204 series, with data for years 1981 - 2010 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (34 items: Canada; Newfoundland and Labrador; St. John's; Newfoundland and Labrador; Atlantic Region ...), New housing price indexes (3 items: Total (house and land);House only; Land only ...), Index base period (2 items: 1992=100;1997=100 ...).

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).

The dataset contains residential property prices in different regions of Greater Toronto area, Canada. The data was scraped from the website https://realtor.ca in March 2022.

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.

In June 2025, the average sales price in Greater Toronto, Canada, was the highest for detached houses, at 1.39 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.