Graph and download economic data for Real Residential Property Prices for Canada (QCAR628BIS) from Q1 1970 to Q2 2025 about Canada, residential, HPI, housing, real, price index, indexes, and price.

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.

The average price for a house in Quebec stood at approximately ******* Canadian dollars in 2024 and was set to increase slightly in the next two years. In 2025, the average price is forecast to reach ******* Canadian dollars. Meanwhile, the national average house price was forecast to pick up in 2025. Compared to other provinces, Quebec was the third-most expensive province to buy housing in Canada, after British Columbia and Ontario. Quebec Located on the eastern side of Canada, Quebec had an estimated population of almost **** million people in 2023. It is the second most populated province in Canada, and the second-largest by land size, as it is ***** times the size of Texas. The largest city in Quebec is Montreal, which is close to the Vermont border in the United States. The median total family income in Quebec has been steadily rising since 2000. Housing Prices in Canada Housing prices in Canada vary province to province. The most expensive average house price was in British Columbia in 2024. Vancouver, the most populated city in British Columbia, is known for its high-priced real estate market. However, housing prices all over Canada have increased in the past couple of years.

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.

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 Canada Condominiums and Apartments Market is segmented by city (Toronto, Montreal, Vancouver, Ottawa, Calgary, Hamilton, and other cities). The report offers market size and forecasts in value (USD billion) for all the above segments.

Canada Condominiums and Apartments Market size was valued at USD 95.76 Billion in 2024 and is projected to reach USD 149.21 Billion by 2032, growing at a CAGR of 5.7% from 2026 to 2032.

Canada Condominiums and Apartments Market Drivers

Concentration in Urban Centers: Canada's population is increasingly concentrated in major urban centers like Toronto, Vancouver, and Montreal, driving demand for high-density housing solutions like condos and apartments.

Immigration: Canada's immigration policies contribute to population growth, primarily in urban areas, further fueling demand for housing.

Rising Single-Family Home Prices: The escalating cost of single-family homes in major cities makes condominiums and apartments a more affordable housing option for many.

First-Time Homebuyers: Condos and apartments are often the entry point into the housing market for first-time buyers, particularly young professionals and couples.

Rental Market: The rental market is strong, and apartments provide a crucial housing option for those not ready or able to purchase.

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 Canadian condominiums and apartments market is projected to exhibit a robust Compound Annual Growth Rate (CAGR) of 8.00% during the forecast period of 2025-2033, reaching a market size of XX million by 2033. This growth is primarily attributed to factors such as increasing urbanization, rising disposable incomes, and a growing population. The market is expected to be driven by demand from both domestic and international buyers, particularly in major urban centers like Toronto, Montreal, and Vancouver. Key trends in the market include the increasing popularity of luxury condominiums, the rise of co-living spaces, and the integration of smart technology and amenities. The market is also witnessing increased investment from institutional investors, as well as a growing focus on sustainability and energy efficiency. However, factors such as rising interest rates, affordability concerns, and supply chain disruptions could restrain the market's growth in the short to medium term. 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.. Key drivers for this market are: 4., Development of sustainable and energy-efficient transportation infrastructure4.; Growth in demand for new road and railway construction projects. Potential restraints include: 4., Funding is a major challenge for infrastructure construction and maintenance. Notable trends are: Increased demand for affordable housing driving the market.

This table contains data described by the following dimensions (Not all combinations are available): Geography (247 items: Carbonear; Newfoundland and Labrador; Corner Brook; Newfoundland and Labrador; Grand Falls-Windsor; Newfoundland and Labrador; Gander; Newfoundland and Labrador ...), Type of structure (4 items: Apartment structures of three units and over; Apartment structures of six units and over; Row and apartment structures of three units and over; Row structures of three units and over ...), Type of unit (4 items: Two bedroom units; Three bedroom units; One bedroom units; Bachelor units ...).