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.

View monthly updates and historical trends for Prince Edward Island New Housing Price Index. Source: Statistics Canada. Track economic data with YCharts a…

Revenue for the Real Estate Asset Management & Consulting industry in Prince Edward Island is expected to grow an annualized x% to $x.x million over the five years to 2025, while revenue for the national industry will likely grow at x.x% during the same period. The number of industry establishments has decreased an annualized -x.x% to xx locations over the past five years. Industry employment has increased an annualized x.x% to xx workers during the period, while industry wages have decreased an annualized -x.x% to $x.x million.

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.

For over years we've been providing real estate licensee data for residential real estate, commercial real estate, and investors with active licenses.

We provide Name, Brokerage, License and Contact details for all the licensees, standardized to a common set of values.

Common use cases include: - Compliance use cases ensuring agents and brokers maintain an active license - Viewing market agent movement - Assessing Agent Count by Brokerage across States - Marketing to agents and brokers by specialization - Recruiting new agents - Monitoring agent growth

Record counts by province are as follows:

Alberta ~516 records British Columbia ~2,283 records Manitoba ~1,472 records New Brunswick ~16,191 records Newfoundland & Labrador ~828 records Nova Scoatia ~3,461 records Ontario ~105,214 records Prince Edward Island ~29,946 records Quebec ~1,951 records Saskatchewan ~17,852 records

House prices in British Columbia and Ontario were notably higher than any other province in Canada in 2024. The average house price in any other province was less than ******* Canadian dollars, whereas in British Columbia and Ontario, it exceeded ******* Canadian dollars. The most affordable province to buy a home was Newfoundland, where the average home cost about ******* Canadian dollars.

This table contains data described by the following dimensions (Not all combinations are available): Geography (13 items: Canada; Newfoundland and Labrador; Prince Edward Island; Atlantic provinces ...), Housing estimates (3 items: Housing starts; Housing under construction; Housing completions ...), Type of unit (6 items: Total units; Multiples; Single-detached; Semi-detached ...), Seasonal adjustment (2 items: Unadjusted; Seasonally adjusted at annual rates ...).

In 2023, the rental market in Canada saw the lowest vacancy rate for rental apartments during the observed period. Approximately 1.5 percent of apartments were unoccupied in 2023, down from 1.9 percent the year below. Saskatchewan was the province with the highest vacancy rate, whereas Prince Edward Island and Nova Scotia had the lowest share of unoccupied apartments.