The average sales price decreased for all property types in Greater Vancouver, Canada in 2023. Buying a condo as of January 2023 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.

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 (QCAR628BIS) from Q1 1970 to Q1 2025 about Canada, residential, HPI, housing, real, price index, indexes, and price.

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).

Average House Prices in Canada decreased to 690900 CAD in May from 692400 CAD in April of 2025. This dataset includes a chart with historical data for Canada Average House Prices.

The average house price in British Columbia in 2024 stood at about 982,100 Canadian dollars and, according to the forecast, is set to increase by two percent, reaching 1,001,871 Canadian dollars in the following year. The average house price in Canada is forecast to grow in the next two years.

Canada House Price Index: Annual: New Housing: British Columbia: Vancouver data was reported at 128.483 Dec2016=100 in 2024. This records an increase from the previous number of 128.233 Dec2016=100 for 2023. Canada House Price Index: Annual: New Housing: British Columbia: Vancouver data is updated yearly, averaging 88.304 Dec2016=100 from Dec 1981 (Median) to 2024, with 44 observations. The data reached an all-time high of 128.525 Dec2016=100 in 2022 and a record low of 64.208 Dec2016=100 in 1985. Canada House Price Index: Annual: New Housing: British Columbia: Vancouver data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.EB004: House Price Index: Dec2016=100: Annual.

Graph and download economic data for All-Transactions House Price Index for Portland-Vancouver-Hillsboro, OR-WA (MSA) (ATNHPIUS38900Q) from Q2 1976 to Q1 2025 about Portland, OR, WA, appraisers, HPI, housing, price index, indexes, price, and USA.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in Portland-Vancouver-Hillsboro, OR-WA (CBSA) (MEDLISPRIPERSQUFEEYY38900) from Jul 2017 to May 2025 about Portland, OR, square feet, WA, listing, median, price, and USA.

In the first quarter of 2023, the average sales price of detached single-family homes in Canada was approximately 656,000 Canadian dollars. Nevertheless, house prices varied greatly across different markets. For example, in Vancouver, housing was more than twice as expensive as the national average. The market with the most affordable housing was Saint John, where the average single-family detached home sold for approximately 337,000 Canadian dollars. In comparison to house prices, the average sales price of condominium apartments in all Canadian markets was lower.

In November 2024, a single-family house in Oak Bay cost 1.9 million Canadian dollars. Oak Bay was the most expensive suburb in Victoria, British Columbia, followed by Highlands and North Saanich. Victoria: an overview Victoria is the capital city of the province of British Columbia. The city is located south of Vancouver, and across the U.S. border from Seattle. In 2020, the average home price in Victoria was 961,000 Canadian dollars, which placed the city as the sixth most expensive Canadian city for residential real estate. Home affordability in Canada Housing affordability is, undoubtedly, one of the biggest barriers to homeownership in Canada. In 2023, the ratio of homeownership costs to income was 62.5 percent. Nevertheless, more expensive locations in the country had a higher ratio, with Vancouver exceeding 100 percent, suggesting that on average, mortgage payments exceeded the monthly income. Amid lower affordability and worsening homebuyer sentiment, house prices in some of Canada's markets are forecast to decline slightly in 2024.

Portland-Vancouver-Beaverton, OR-WA - Housing Inventory: Average Listing Price Year-Over-Year in Portland-Vancouver-Hillsboro, OR-WA (CBSA) was -2.31% in April of 2025, according to the United States Federal Reserve. Historically, Portland-Vancouver-Beaverton, OR-WA - Housing Inventory: Average Listing Price Year-Over-Year in Portland-Vancouver-Hillsboro, OR-WA (CBSA) reached a record high of 16.23 in May of 2021 and a record low of -3.89 in August of 2024. Trading Economics provides the current actual value, an historical data chart and related indicators for Portland-Vancouver-Beaverton, OR-WA - Housing Inventory: Average Listing Price Year-Over-Year in Portland-Vancouver-Hillsboro, OR-WA (CBSA) - last updated from the United States Federal Reserve on May of 2025.

Portland-Vancouver-Beaverton, OR-WA - Housing Inventory: Average Listing Price Month-Over-Month in Portland-Vancouver-Hillsboro, OR-WA (CBSA) was 1.97% in April of 2025, according to the United States Federal Reserve. Historically, Portland-Vancouver-Beaverton, OR-WA - Housing Inventory: Average Listing Price Month-Over-Month in Portland-Vancouver-Hillsboro, OR-WA (CBSA) reached a record high of 3.48 in May of 2021 and a record low of -1.86 in September of 2023. Trading Economics provides the current actual value, an historical data chart and related indicators for Portland-Vancouver-Beaverton, OR-WA - Housing Inventory: Average Listing Price Month-Over-Month in Portland-Vancouver-Hillsboro, OR-WA (CBSA) - last updated from the United States Federal Reserve on May of 2025.

Portland-Vancouver-Beaverton, OR-WA - Housing Inventory: Average Listing Price in Portland-Vancouver-Hillsboro, OR-WA (CBSA) was 787532.00000 U.S. $ in May of 2025, according to the United States Federal Reserve. Historically, Portland-Vancouver-Beaverton, OR-WA - Housing Inventory: Average Listing Price in Portland-Vancouver-Hillsboro, OR-WA (CBSA) reached a record high of 834041.00000 in April of 2023 and a record low of 555467.00000 in September of 2016. Trading Economics provides the current actual value, an historical data chart and related indicators for Portland-Vancouver-Beaverton, OR-WA - Housing Inventory: Average Listing Price in Portland-Vancouver-Hillsboro, OR-WA (CBSA) - last updated from the United States Federal Reserve on June of 2025.

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.

Portland-Vancouver-Beaverton, OR-WA - Housing Inventory: Median Listing Price Year-Over-Year in Portland-Vancouver-Hillsboro, OR-WA (CBSA) was -1.55% in May of 2025, according to the United States Federal Reserve. Historically, Portland-Vancouver-Beaverton, OR-WA - Housing Inventory: Median Listing Price Year-Over-Year in Portland-Vancouver-Hillsboro, OR-WA (CBSA) reached a record high of 12.57 in May of 2021 and a record low of -4.64 in April of 2019. Trading Economics provides the current actual value, an historical data chart and related indicators for Portland-Vancouver-Beaverton, OR-WA - Housing Inventory: Median Listing Price Year-Over-Year in Portland-Vancouver-Hillsboro, OR-WA (CBSA) - last updated from the United States Federal Reserve on July of 2025.

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.

Portland-Vancouver-Beaverton, OR-WA - Housing Inventory: Median Days on Market in Portland-Vancouver-Hillsboro, OR-WA (CBSA) was 44.00000 Level in April of 2025, according to the United States Federal Reserve. Historically, Portland-Vancouver-Beaverton, OR-WA - Housing Inventory: Median Days on Market in Portland-Vancouver-Hillsboro, OR-WA (CBSA) reached a record high of 82.00000 in January of 2025 and a record low of 23.00000 in May of 2022. Trading Economics provides the current actual value, an historical data chart and related indicators for Portland-Vancouver-Beaverton, OR-WA - Housing Inventory: Median Days on Market in Portland-Vancouver-Hillsboro, OR-WA (CBSA) - last updated from the United States Federal Reserve on May of 2025.

The average price for a house in Quebec stood at approximately 522,828 Canadian dollars in 2024 and was set to increase slightly in the next two years. In 2025, the average price is forecast to reach 566,620 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 nine million people in 2023. It is the second most populated province in Canada, and the second-largest by land size, as it is three 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.

Portland-Vancouver-Beaverton, OR-WA - Housing Inventory: Median Listing Price per Square Feet Month-Over-Month in Portland-Vancouver-Hillsboro, OR-WA (CBSA) was -0.57% in May of 2025, according to the United States Federal Reserve. Historically, Portland-Vancouver-Beaverton, OR-WA - Housing Inventory: Median Listing Price per Square Feet Month-Over-Month in Portland-Vancouver-Hillsboro, OR-WA (CBSA) reached a record high of 3.98 in February of 2021 and a record low of -1.33 in July of 2022. Trading Economics provides the current actual value, an historical data chart and related indicators for Portland-Vancouver-Beaverton, OR-WA - Housing Inventory: Median Listing Price per Square Feet Month-Over-Month in Portland-Vancouver-Hillsboro, OR-WA (CBSA) - last updated from the United States Federal Reserve on July of 2025.