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 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.

Home affordability has worsened substantially in Canada since 2021. In the first quarter of 2025, the monthly single-family mortgage payment amounted to approximately 61.7 percent of a household's income, on average. In 2021, when affordability had improved slightly, the average mortgage payment constituted 46.5 percent of a household's income.

Housing Starts in Canada increased to 294.10 Thousand units in July from 283.50 Thousand units in June 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.

New home construction in the Canadian province of Ontario amounted to roughly 85,770 units in 2023. Those figures were much higher than the number of construction starts in Quebec. On a year-to-year basis, construction in both provinces had been increasing steadily between 2015 and 2021, but housing starts fell after that.

Home Ownership Rate in Canada decreased to 66.70 percent in 2023 from 69.30 percent in 2021. This dataset provides the latest reported value for - Canada Home Ownership Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In the U.S. and Canada, which are also world leaders on the particle board market, a recovering housing market is anticipated to propel the particle board industry forward. Beyond the housing sector, particle board of wood is also consumed by enterprises engaged in panel furniture production or home improvement projects.

CPI Housing Utilities in Canada increased to 187.90 points in July from 187.30 points in June of 2025. This dataset provides - Canada Cpi Shelter- actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2025, mortgage interest rates in Canada decreased. The five-year insured fixed mortgage interest rate as of May 2025 stood at **** percent, making it the most affordable mortgage type. Meanwhile, the insured mortgage rate fixed for under one year was the highest, at **** percent.

Prices for Canada 5Y including live quotes, historical charts and news. Canada 5Y was last updated by Trading Economics this September 2 of 2025.