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.

Canada Luxury Residential Real Estate Market Report is Segmented by Property Type (Apartments & Condominiums, Villas & Landed Houses), by Business Model (Sales and Rental), by Mode of Sale (Primary (New-Build) and Secondary (Existing-Home Resale)), and by Province (Ontario, British Columbia, and More). The Report Offers Market Size and Forecasts in Value (USD) for all the Above Segments.

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.

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.

Explore the Redfin Canada Properties Dataset, available in CSV format and extracted in April 2022. This comprehensive dataset offers detailed insights into the Canadian real estate market, including property listings, prices, square footage, number of bedrooms and bathrooms, and more. Covering various cities and provinces, it’s ideal for market analysis, investment research, and financial modeling.

Key Features:

• Property Details: Includes crucial data such as listing price, property type, square footage, number of bedrooms and bathrooms, and more.
• Geo-Location Data: Provides geographical coordinates, allowing for spatial analysis and mapping.
• Market Trends: Offers historical data to analyze price trends and market fluctuations.

Who Can Use This Dataset:

• Real Estate Professionals: Evaluate market trends and property values to better advise clients or guide investment decisions.
• Investors: Analyze the Canadian housing market to identify investment opportunities and potential returns.
• Data Analysts and Researchers: Use this dataset to study market dynamics, urban development, or economic factors influencing the real estate sector.
• Financial Analysts: Incorporate the data into financial models to forecast market behavior and investment outcomes.

Download the Redfin Canada Properties Dataset to access valuable information on the Canadian housing market, perfect for anyone involved in real estate, finance, or data analysis.

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.

Discover the latest trends and insights into Canada's thriving residential real estate market. Explore projected growth, key players, and regional variations in this comprehensive market analysis, covering apartments, condos, villas, and more in major cities like Toronto, Vancouver, and Montreal. Forecast to 2033. Recent developments include: October 2022: Dye & Durham Limited ("Dye & Durham") and Lone Wolf Technologies ("Lone Wolf") have announced a brand-new integration that was created specifically for CREA WEBForms powered by Transactions (TransactionDesk Edition) to enable access to and communication with legal services., September 2022: ApartmentLove Inc., based in Calgary, has recently acquired OwnerDirect.com and finalized a rental listing license agreement with a significant U.S. aggregator as part of its ongoing acquisition and partnership plans. In 30 countries, ApartmentLove (APLV-CN) offers online house, apartment, and vacation rental marketing services.. Key drivers for this market are: Population Growth is the main driving factor, Government Initiatives and Regulatory Aspects for the Residential Real Estate Sector. Potential restraints include: Population Growth is the main driving factor, Government Initiatives and Regulatory Aspects for the Residential Real Estate Sector. Notable trends are: Immigration Policies are Driving the Market.

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.

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.

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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?

Get Key Insights on Market Forecast (PDF) Request Free Sample

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

Forecast: Real Estate Gross Value Added in Canada 2022 - 2026 Discover more data with ReportLinker!

Discover the booming Canadian home lending market! Explore key trends, growth projections (CAGR > 5%), leading lenders (HSBC, Tangerine, BMO), and market segmentation insights for 2025-2033. Analyze the impact of interest rates, regulations, and economic factors on this dynamic sector. Recent developments include: On March 15, 2022, First Ontario Credit Union announced its merger with Heritage savings & Credit union to offer the best in financial products and services., On February 09, 2022, Hello safe announced a new partnership with Hard bacon, a personal finance application used by more than 35,000 Canadians, this partnership is to leverage Hard bacon's portfolio of comparison tools.. Notable trends are: A Rise in Home Prices Boosting Home Equity Lending Market.

The Canada commercial real estate market size was USD 66.60 Billion in 2022 and is likely to reach USD 128.65 Billion by 2031, expanding at a CAGR of 4.78% during 2023–2031. The growth of the market is attributed to the rising demand for commercial properties.

Commercial real estate is a type of property used entirely for business-related work or to provide a workspace instead of living space. Depending on the functions, commercial property is mainly divided into four classes namely office space, retail, multi-family rental, and industrial use. This four main classes of real estates are further fragmented into three classes namely class A, class B, and class C.

Class A represents best properties in terms of location, quality of infrastructure, age and aesthetic. Class B includes properties, which usually goes for restoration. Class C properties are aged, in need of maintenance, and located in less attractive areas properties. Typically, commercial real estate is rented to tenants for putting the area or space into income-generating activities to earn profit through their business operations. Commercial real estate is widely suitable for opening up various business centers including healthcare facilities, office space, restaurants, hotels, resorts, and all kinds of retailers. In comparison to the residential properties, however, to run a business operation in commercial real estate requires a large amount of capital and systematic engagement for various update business development policies. Publicly traded real estate investment trusts (REITs) is probably a more feasible mode for people to invest in commercial real estate.



The COVID-19 pandemic outbreak had negatively impacted on the market. During the pandemic, emergency lockdown imposed by government body had forced to temporary shutdown of hotels, malls, resorts, and gaming facilities as part of policies to curb the virus spread. Additionally, adoption of work from home policy by many business organizations across the globe resulted in the temporary closure of offi

The average house price in the Canadian province of Prince Edward Island stood at ******* Canadian dollars in 2024 and was expected to increase in the next two years. By 2026, the average house price is forecast to reach ******* Canadian dollars. Compared to other provinces in Canada, Prince Edward Island stood below the national average in terms of house prices. Nevertheless, housing was still significantly more expensive than in Newfoundland and New Brunswick. House prices in Canada Prince Edward Island is one of the most affordable Canadian provinces for buying a house, with prices almost half below the national median in 2024. The national figure is somewhat skewed however by the extremely high cost of housing in British Colombia, and, to a lesser extent, Ontario. A better measure of affordability is the provincial house-price-to-income ratio, which shows Prince Edward Island to be the second most affordable province. Global comparison Canada is one of the most expensive countries in the OECD in terms of house-price-to-income ratio. In 2023, Canada scored higher than the United States, the UK, and Korea. That means that the cost of housing has increased at a much higher rate than the average income in the country.

Forecast: Offices of Real Estate Agents And Brokers Revenue in Canada 2022 - 2026 Discover more data with ReportLinker!

Discover the booming Canadian condominiums and apartments market! This in-depth analysis reveals a CAGR exceeding 8%, driven by urbanization and strong demand. Explore key market trends, leading developers (Onni Group, Concert Properties, Minto Group, and more), and regional insights for Toronto, Vancouver, Montreal, and other major cities. Forecast your investment strategy with our data-driven report covering 2019-2033. Recent developments include: December 2022: The Equiton Residential Income Fund Trust (The Apartment Fund) acquired a multi-family residential property in Toronto, Ontario. The property was purchased for USD 50 million. The Ravine Park Apartments will include seven stories, 169 units, and 183 combined indoor and outdoor parking spaces. It's close to public transportation, directly across the street from the upcoming Eglinton LRT Ionview Station, within walking distance of the Kennedy Subway and GO stations, and various amenities., October 2022: Rentsync and Urbanation collaborated to create a comprehensive market data platform for rental housing properties in Canada. The two companies were discussing a partnership for over a year. Urbanation and Rentsync will publish monthly reports that aggregate and analyze rental data across all market segments. They will include data-driven information on overall rents, rents by unit type, rents per sq ft, availability, turnover rates, and more.. Notable trends are: Increased demand for affordable housing driving the market.

Housing Starts in Canada decreased to 232.80 Thousand units in October from 279.20 Thousand units in September 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.

Discover the booming North American modular housing market! This comprehensive analysis reveals a $24.97B industry projected to grow at 6.99% CAGR through 2033, driven by affordable housing needs, sustainability, and innovative construction. Explore market trends, key players (Clayton Homes, Skyline Corp.), and regional insights. Recent developments include: April 2022: Clayton Homes, a national builder of both off-site and on-site homes, showed off its first single-section CrossMod home at the Manufactured Housing Institute's Congress & Expo. This gives another group of homebuyers and locations a new affordable housing option., January 2022: Volumetric Building Companies (VBC), one of the largest multifamily volumetric modular and components businesses in the United States, announced a merger with Polcom Group (Polcom), a premium steel modular building and custom furniture manufacturing conglomerate for the hospitality market. By combining VBC's innovative wood construction technology with Polcom's advanced steel modular system, the deal will change the way people build things. The Polycom merger comes right after VBC bought the assets of Katerra Inc., which included its offices and state-of-the-art manufacturing facility in Tracy, CA.. Notable trends are: Increase in Prefabricated Housing Market in North America.

Forecast: Total Researchers in Real Estate Activities in Canada 2022 - 2026 Discover more data with ReportLinker!

Canada Housing Stock Area data was reported at 2,290.676 sq m mn in 2022. This records an increase from the previous number of 2,246.171 sq m mn for 2021. Canada Housing Stock Area data is updated yearly, averaging 1,875.522 sq m mn from Dec 2000 (Median) to 2022, with 23 observations. The data reached an all-time high of 2,290.676 sq m mn in 2022 and a record low of 1,499.956 sq m mn in 2000. Canada Housing Stock Area data remains active status in CEIC and is reported by Natural Resources Canada. The data is categorized under Global Database’s Canada – Table CA.EB002: Housing Stock Area.