Graph and download economic data for Residential Property Prices for Canada (QCAN628BIS) from Q1 1970 to Q2 2025 about Canada, residential, HPI, housing, price index, indexes, and price.

Average House Prices in Canada decreased to 687300 CAD in August from 688100 CAD in July of 2025. This dataset includes a chart with historical data for Canada Average House Prices.

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).

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.

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.

Monthly average retail prices for selected food products, for Canada and provinces. Prices are presented for the current month and the previous four months. Prices are based on transaction data from Canadian retailers, and are presented in Canadian current dollars.

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.

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.

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.

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.

Key information about House Prices Growth

• Canada house prices grew 0.1% YoY in Jan 2025, following an increase of 0.1% YoY in the previous month.
• YoY growth data is updated monthly, available from Jan 1982 to Jan 2025, with an average growth rate of 1.8%.
• House price data reached an all-time high of 16.5% in Mar 1989 and a record low of -9.7% in Apr 1991.

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

Graph and download economic data for Residential Property Prices for Canada (QCAN368BIS) from Q1 1971 to Q2 2025 about Canada, residential, housing, and price.

The median condo sales price in Toronto, Canada, was 615,000 Canadian dollars in the first quarter of 2025. Among the most active areas, Toronto C01 had the highest prices, at 665,000 Canadian dollars.

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.

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.

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

Key information about Canada Gold Production

• Canada Real Residential Property Price Index was reported at 155.677 2010=100 in Sep 2024.
• This records a decrease from the previous number of 159.189 2010=100 for Jun 2024.
• Canada Real Residential Property Price Index data is updated quarterly, averaging 61.930 2010=100 from Mar 1970 to Sep 2024, with 219 observations.
• The data reached an all-time high of 199.303 2010=100 in Mar 2022 and a record low of 37.672 2010=100 in Jun 1970.
• Canada Real 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 Real Residential Property Price Index: 2010=100: Quarterly. [COVID-19-IMPACT]

Between 2022 and 2025, the construction price of residential and non-residential buildings in Canada has grown at the same pace. The price of both types of buildings was roughly eight percent higher in the last quarter of 2025 than in 2024, which is the year when the index base was set at 100. Nevertheless, that only considers the cost of buildings in 15 selected metropolitan areas in Canada. Toronto was by far the metropolitan region with the highest construction costs in Canada.

What determines construction costs? The growth rate of the construction price of different types of buildings tends to follow similar trends to some extent. For example, price growth rates in Canada for most types of buildings were more moderate in 2024 than in previous years. However, those figures show a lot of disparity, with the cost of building a high rise apartment building growing much faster than that of other types of buildings. This might be because the construction costs depend on elements such as the location, materials, and complexity of the building, which tend to be quite different for each type of building.

Lumber building materials in Canada In 2024, Canada was the world’s second-largest exporter of wood building materials such as veneer sheets, parquet flooring, particleboard, laminated wood, and builders’ joinery and carpentry. Forestry, logging, and processing wood into ready-to-use materials are important industries in the Canadian economy. High price growth rates of building materials impact negatively the construction industry as their activities become more expensive. However, the forestry and logging industry benefited from the cost of lumber rising in 2020 and 2021. In the past years, the price of lumber, however, has fallen again.

The average sales price decreased for all property types in Greater Vancouver, Canada in June 2025. Buying a condo as of June 2025 would cost a home buyer about 760,000 Canadian dollars. Greater Vancouver is one of Canada's most important economic centers. It consists of 21 municipalities, including Vancouver City, Surrey, Burnaby, Richmond, Coquitlam, and other.