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 122.20 points in October from 122.70 points in September of 2025. This dataset provides - Canada New Housing Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

A dataset comprising the price, address, number of bathrooms, number of bedrooms, city, and province of real estate listings for Canada's top 45 most populous cities, according to the 2021 census.

Variables:

1. City: City or major metropolitan area within which listings were found. For example, Toronto may include listings from surrounding suburbs such as Markham, Oakville, etc.
2. Price: Listed price for the property in Canadian dollars.
3. Address: Street address and, where applicable, unit number for the listing.
4. Number_Beds: Number of bedrooms mentioned in the listing.
5. Number_Baths: Number of bathrooms mentioned in the listing.
6. Province: Province in which each city resides. Note, border towns such as Ottawa do not include listings from the surrounding out-of-province cities like Gatineau.
7. Population: City population. According to simplemaps (https://simplemaps.com/data/canada-cities)
8. Longitude / Latitude: Longitude and Latitude data for individual cities, taken from simpelmaps (https://simplemaps.com/data/canada-cities)
9. Median_Family_Income: Median household income for the city taken from the 2021 Canadian census.

This dataset can be used for basic linear regression problems or for basic exploratory data analysis.

Data is currently representative of prices as of October 29th 2023. Future updates will occur monthly.

Explore the booming Canadian luxury real estate market! Discover key trends, growth projections (CAGR >10%), leading developers, and regional market analysis for Toronto, Vancouver, and more. Invest wisely with our in-depth market report. Recent developments include: October 2021: The CHEO Foundation gave the first look inside Minto Dream Home, the 'Caraway.' The Minto Dream Home on Skysail Place is a customized bungalow, situated on an oversized corner lot. It's a collaboration by the Minto Group (a Canadian real estate company) with Tanya Collins Design (a residential and commercial interior designer). The Caraway features beautiful views of the Mahogany Pond with an incredible wrap-around porch to enjoy the views and the outdoors, while inside the 4,603 square-foot floor plan offers plenty of space. The Minto Dream Home has a net-zero approach to minimize its carbon footprint and improve the wellness of the planet., March 2021: Skydev (a real estate development and construction oversight company), held a private ceremony to celebrate the start of the development's construction. The new development, called Southfield Green, is owned by Skyline Apartment REIT (a private Canadian real estate investment trust). Once the development is complete, the complex will be managed by Skyline Living (a Canadian residential property management company). The Southfield Green development will comprise a four-storey complex with luxury suites and on-site amenities, including an indoor/outdoor lounge and terrace, a dog run, and an on-site gym and yoga studio. The site is well located within walking distance of grocery stores, restaurants, and transit. The suites will boast fantastic views of the adjacent Southfield Park.. Notable trends are: Pandemic Accelerated Luxury Home Sales in Major Canadian Markets.

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 number of home sales in Nova Scotia, Canada, surged in 2021, followed by a decrease in the following two years. In 2024, about ****** home sales took place in Nova Scotia and this figure is expected to reach ****** in 2026. A similar trend could be observed on a national scale, with transaction activity in Canada set to increase by 2026. In terms of home prices, Nova Scotia ranked below the national average, but housing was still significantly more expensive than provinces such as New Brunswick and Newfoundland.

The Canadian property insurance market, while exhibiting resilience, is undergoing significant transformation driven by several key factors. The period between 2019 and 2024 showed steady growth, likely influenced by increasing property values, a growing population, and heightened awareness of potential risks like climate change-related events (e.g., wildfires, floods). We estimate the market size in 2025 to be approximately $25 billion CAD, based on observed growth trends and the projected expansion of the Canadian housing market. Looking ahead to 2033, a Compound Annual Growth Rate (CAGR) needs to be estimated. Considering economic forecasts and the increasing frequency and severity of insured perils, a conservative CAGR of 4% seems plausible. This would position the market size at roughly $36 billion CAD by 2033. Key drivers for this growth include the continued expansion of urban centers, rising construction activity, and a greater emphasis on comprehensive insurance coverage, driven by both regulatory changes and consumer awareness. However, challenges remain. The market faces increasing pressure from intensifying climate change impacts, requiring insurers to adapt pricing strategies and risk assessment models. Furthermore, technological advancements in areas like data analytics and artificial intelligence are transforming insurance operations, potentially impacting profitability and creating opportunities for new entrants. Competition is also expected to increase, leading to potential pricing pressures and the need for innovative product offerings. Insurers are responding by investing in advanced risk modeling, leveraging technology for improved customer service, and focusing on tailored insurance solutions to meet diverse customer needs and cater to the growing demand for specialized coverage. Ultimately, the Canadian property insurance market’s future trajectory will depend on the interplay between these growth drivers, challenges, and the innovative strategies employed by market players. Recent developments include: P/C Agency Mergers Rise 10% in First Half of 2021 - There were 339 announced property/casualty insurance agency mergers and acquisitions during the first half of 2021, up from 307 in 2020., CMHC Changes Underwriting Practices on Mortgage Loan Insurance - Canada Mortgage and Housing Corp. is easing its underwriting criteria for mortgage loan insurance after changes it made last year were not effective and caused it to lose market share. The federal housing agency said that it returned to considering a gross debt service ratio of up to 39 per cent and a total debt service ratio of up to 44 per cent for borrowers who have a strong history of managing payment obligations. Gross debt service refers to the maximum amount of gross annual income that can be used for home-related expenses like mortgages, heat or condo fees, while total debt service is calculated when these expenses are combined with monthly debt payments owed on items such as credit cards or cars.. Notable trends are: CATASTROPHIC LOSSES.

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.

Booming North American industrial real estate market analysis reveals a CAGR exceeding 4.50%, driven by e-commerce, nearshoring, and manufacturing growth. Discover key trends, market size projections to 2033, top players, and regional insights. Invest wisely in this lucrative sector. Recent developments include: December 2021: Boston Properties Inc. (the largest publicly traded developer, owner, and manager of Class A office properties) announced that it completed the acquisition of 360 Park Avenue South, a 450,000 square-foot, 20-story office property located in the Midtown South submarket of Manhattan, New York, from Enterprise Asset Management Inc. (an investment management firm). Furthermore, the gross purchase value accounted for approximately USD 300 million., December 2021: Boston Properties Inc. announced a joint venture in which the company has a 49% ownership and executed a 229,000 square foot lease with a leading biotech company at the venture's 751 Gateway project in South San Francisco, California. The lease covers the entire building, which is currently under construction, with initial occupancy expected in early 2024.. Notable trends are: Increasing Rental Prices of Office Spaces.

The number of home sales in Alberta, Canada, surged in 2021, followed by a slight decrease in the following two years. In 2024, about ****** home sales took place in Alberta and this figure is expected to reach ****** in 2026. Meanwhile, transaction activity in Canada is set to also increase by 2025. In terms of home prices, Alberta ranked below the national average, but housing was still more expensive than in New Brunswick and Newfoundland.

The global residential real estate market size is projected to grow from USD 11.619 trillion in 2025 to USD 23.493 trillion by 2033, exhibiting a CAGR of 9.2%.
Report Scope:

The number of home sales in Saskatchewan, Canada, surged in 2021, followed by a slight decrease in the next two years. In 2023, about ****** home sales took place in Saskatchewan and this figure is expected to reach close to ****** in 2025. A similar trend could be observed on a national scale, with transaction activity in Canada set to increase by 2025. In terms of home prices, Saskatchewan is one of the most affordable provinces for housing.

According to the forecast, the Canadian commercial real estate investment market was headed for recovery from the coronavirus (COVID-19) crisis. Investment volumes are expected to increase across all real estate sectors, with the multifamily investment sector attracting close to ** billion Canadian dollars in 2021, up from approximately ** billion Canadian dollars in 2020 and *** billion Canadian dollars in 2019. While the outlook might be overall optimistic, the total volume of investment forecast for 2021 is expected to be below the levels recorded in 2019.

Home sales in Ontario, Canada, soared in 2021, before dipping sharply in the following two years. In 2024, about ******* home sales took place in Ontario and this figure is expected to slightly increase to ******* in 2026. This was in line with the forecast number of housing transaction in Canada until 2025. Ontario is one of the most expensive provinces for housing, ranking second after British Columbia in 2024.

The number of home sales in Newfoundland, Canada, surged in 2021, followed by a slight decrease in the next two years. In 2023, about ***** home sales took place in Saskatchewan and this figure is expected to reach ***** in 2025. A similar trend could be observed on a national scale, with transaction activity in Canada set to increase by 2025. In terms of home prices, Newfoundland is one of the most affordable provinces for housing.

Mortgage interest rates worldwide varied greatly in June 2025, from less than ******percent in many European countries to as high as ***percent in Turkey. The average mortgage rate in a country depends on the central bank's base lending rate and macroeconomic indicators such as inflation and forecast economic growth. Since 2022, inflationary pressures have led to rapid increases in mortgage interest rates. Which are the leading mortgage markets? An easy way to estimate the importance of the mortgage sector in each country is by comparing household debt depth, or the ratio of the debt held by households compared to the county's GDP. In 2024, Switzerland, Australia, and Canada had some of the highest household debt to GDP ratios worldwide. While this indicator shows the size of the sector relative to the country’s economy, the value of mortgages outstanding allows to compare the market size in different countries. In Europe, for instance, the United Kingdom, Germany, and France were the largest mortgage markets by outstanding mortgage lending. Mortgage lending trends in the U.S. In the United States, new mortgage lending soared in 2021. This was largely due to the growth of new refinance loans that allow homeowners to renegotiate their mortgage terms and replace their existing loan with a more favorable one. Following the rise in interest rates, the mortgage market cooled, and refinance loans declined.