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 ******* Canadian dollars. Greater Vancouver is one of Canada's most important economic centers. It consists of ** municipalities, including Vancouver City, Surrey, Burnaby, Richmond, Coquitlam, and other.

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.

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.

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

Average House Prices in Canada decreased to 688600 CAD in June from 690200 CAD in May of 2025. This dataset includes a chart with historical data for Canada Average House Prices.

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.

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).

Housing Index in Canada decreased to 123.40 points in June from 123.70 points in May of 2025. This dataset provides - Canada New Housing Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Canada Residential Real Estate Market, valued at approximately $1.2 trillion CAD in 2025, is projected to experience steady growth, with a Compound Annual Growth Rate (CAGR) of 3.20% from 2025 to 2033. This growth is driven by several key factors, including a growing population, particularly in urban centers like Toronto and Vancouver, increasing household incomes, and persistently low interest rates (though this factor is subject to change based on economic conditions). Furthermore, a continued preference for homeownership among Canadians, coupled with limited housing supply in many desirable locations, contributes to sustained demand. While challenges such as affordability concerns and potential interest rate hikes pose restraints, strong immigration and economic fundamentals underpin the positive outlook for the market. The market is segmented by property type (single-family homes, condominiums, townhouses), location (urban, suburban, rural), and price range, offering diverse investment opportunities for developers and investors alike. Major players like Aquilini Development, Century 21 Canada, Bosa Properties, and Brookfield Asset Management are shaping the market landscape through significant projects and investments. The forecast period (2025-2033) anticipates a gradual increase in market value, influenced by both economic conditions and governmental policies affecting housing affordability and construction. While fluctuations are expected, the long-term projections indicate consistent market expansion, driven by Canada's demographic trends and economic strength. Analyzing regional variations is crucial, as certain provinces and cities may experience more rapid growth than others, depending on local economic conditions, employment rates, and government regulations. Continuous monitoring of these factors is essential for accurate market forecasting and informed investment decisions. The projected market size in 2033, based on the provided CAGR, will represent a substantial increase in the total value of the Canadian residential real estate sector. 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: Housing Supply Shortage, Interest rates and Financing. Notable trends are: Immigration Policies are Driving the Market.

Canada House Price Index: New Housing: Vancouver data was reported at 102.500 2007=100 in Dec 2016. This stayed constant from the previous number of 102.500 2007=100 for Nov 2016. Canada House Price Index: New Housing: Vancouver data is updated monthly, averaging 85.350 2007=100 from Jan 1981 (Median) to Dec 2016, with 432 observations. The data reached an all-time high of 103.300 2007=100 in Apr 2008 and a record low of 65.300 2007=100 in Jan 1986. Canada House Price Index: New Housing: Vancouver data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.EB006: House Price Index: 2007=100.

Residential real estate prices fell across most markets in Canada in 2023; however, two markets, North Bay and Sault Ste. Marie, ON, experienced double-digit growth. Metro Vancouver, one of Canada's most expensive markets for housing, recorded house price growth of **** percent. According to the forecast, prices are expected to increase in most markets under observation. In Vancouver, the increase is forecast at *** percent.

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.

The rental price index in Canada has soared since 2002, reaching an all-time high in 2025. In the second quarter the index measured 135.8 index points, which was a 35.8 percent increase since the base year, 2015. The rent paid on average by households in a certain territory. These figures are seasonally adjusted, which means that the effect of seasonal variations was eliminated from the data.

The Canadian luxury housing market, encompassing high-end apartments, condominiums, villas, and landed houses, is experiencing robust growth, driven by several factors. Strong economic performance in major cities like Toronto, Vancouver, and Calgary, coupled with increasing high-net-worth individuals and foreign investment, fuels demand for premium properties. The limited supply of luxury housing, particularly in desirable urban locations, further contributes to price escalation. While rising interest rates present a potential headwind, the overall market remains resilient due to persistent demand from domestic and international buyers seeking exclusive residences. The market segmentation reveals variations in performance across property types and cities. Toronto and Vancouver consistently rank among the most expensive markets globally, attracting significant investment. While the "Other Cities" segment experiences growth, its pace lags behind the top-tier urban centres due to factors such as lower population density and reduced economic activity compared to the major hubs. This dynamic creates opportunities for developers catering to the specific preferences within each segment. Looking ahead, the Canadian luxury housing market is projected to maintain a compound annual growth rate (CAGR) exceeding 10% throughout the forecast period (2025-2033). Several trends are expected to shape market evolution, including the growing popularity of sustainable and smart-home features, an increasing preference for larger living spaces, and a rise in demand for properties with proximity to amenities and green spaces. However, regulatory changes aiming to cool down the market, such as stricter mortgage rules or increased property taxes, could act as restraints on future growth. Key players such as Westbank Corp, Mattamy Homes, and Oxford Properties Group, amongst others, continue to dominate the market through strategic acquisitions and new development projects. International market dynamics and global economic conditions may also impact investment flows into the Canadian luxury housing sector, shaping overall market performance in the coming years. Recent developments include: October 2021: The CHEO Foundation gave the first look inside Minto Dream Home, the 'Caraway.' The Minto Dream Home on Skysail Place is a customized bungalow, situated on an oversized corner lot. It's a collaboration by the Minto Group (a Canadian real estate company) with Tanya Collins Design (a residential and commercial interior designer). The Caraway features beautiful views of the Mahogany Pond with an incredible wrap-around porch to enjoy the views and the outdoors, while inside the 4,603 square-foot floor plan offers plenty of space. The Minto Dream Home has a net-zero approach to minimize its carbon footprint and improve the wellness of the planet., March 2021: Skydev (a real estate development and construction oversight company), held a private ceremony to celebrate the start of the development's construction. The new development, called Southfield Green, is owned by Skyline Apartment REIT (a private Canadian real estate investment trust). Once the development is complete, the complex will be managed by Skyline Living (a Canadian residential property management company). The Southfield Green development will comprise a four-storey complex with luxury suites and on-site amenities, including an indoor/outdoor lounge and terrace, a dog run, and an on-site gym and yoga studio. The site is well located within walking distance of grocery stores, restaurants, and transit. The suites will boast fantastic views of the adjacent Southfield Park.. Notable trends are: Pandemic Accelerated Luxury Home Sales in Major Canadian Markets.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in Portland-Vancouver-Hillsboro, OR-WA (CBSA) (MEDLISPRIPERSQUFEE38900) from Jul 2016 to Jun 2025 about Portland, OR, square feet, WA, listing, median, price, and USA.

The house price to income ratio in Canada peaked in the second quarter of 2022, followed by a decline until the second quarter of 2025. The ratio measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. Canada's index score in the second quarter of 2025 amounted to *****, which means that house price growth has outpaced income growth by almost **** percent since 2015. Canadian home prices continue to grow House prices in Canada have steadily increased over the past decade, despite a very mild decline in 2023. This trend is forecast to continue until 2026, albeit at a lower rate than in the period between 2019 and 2022. In British Columbia, which has consistently been the most expensive province for housing, the average house price is expected to reach nearly *** million Canadian dollars in 2026. The rising homeownership costs have also affected rents. In 2024, the average two-bedroom apartment rent in Vancouver exceeded ***** Canadian dollars. Canadian incomes on the rise Incomes in Canada have steadily risen since 2000 and show no signs of slowing down in the near future. This should improve housing affordability, as long as home price growth slows down.

This dataset contains data of non-market housing projects - both the buildings owned by City of Vancouver, and the buildings provided by other agencies. Non-market housing is for low and moderate income singles and families, often subsidized through a variety of ways, including senior government support. This housing is managed through various operators, including the public, non-profit, co-op, and urban indigenous sectors. Non-market housing is located throughout Vancouver in the forms of social, supportive, and co-op housing. This dataset includes temporary modular housing, which are demountable structures, not permanently affixed to land and assembled within months. The inventory does not include the following types of housing:Special Needs Residential Facilities - includes community care facilities providing licensed care services, and group residences providing housing as required by law, rehabilitative programs, or temporary housingSingle Room Accommodation - privately-owned single room occupancy (SRO) hotels, rooming houses, and other housing with rooms less than 320 square feet, typically featuring units with a basic cooking setup and shared bathroomsShelters - provide temporary beds, meals, and services to the city's homeless population NoteUnit total (and breakdown) of projects could change over the course of development and are not captured real timeHousing projects with "proposed", "approved" and "under construction" status may not contain unit number breakdown by "Design"Housing projects with "proposed", "approved" and "under construction" status may not contain information on operator names or typeUnit total is the sum of clientele groups (families, seniors, and others) Data currencyThis dataset is updated weekly. Data accuracyData for this dataset is amalgamated from a number of sources. It is possible that some information may not be shown because of data synchronization issues. There may be some loss of quality from data entry errors.Non-housing market projects for which geographic coordinates are not available yet will not show up on the map or in the spatial formats. For a complete list, please consult the XLS or CSV formats. Websites for further informationSocial and market rental housingFind social and co-op housing in Vancouver

This dataset includes Statistics Canada table 46-10-0050-01, titled "Total family income and owner characteristics at the residential property level by income quintiles". The dataset has been split up into three tables: Table A includes the number of properties and average assessment value of properties by the owner's income quintile, the property type (eg. detached house, condominium), and by family type (lone-parent family, couple family, and other census family). Table B includes includes the number of properties and average assessment value of properties by the owner's income quintile, the property type (eg. detached house, condominium), and by pension income categories (eg. whether or not the owner of the property is receiving a pension). Table C includes includes includes the number of properties and average assessment value of properties by the owner's income quintile, the property type (eg. detached house, condominium), and by residency participation types (eg. whether the property is owned by resident owners only or a mix of resident and non-resident owners). The tables have been edited to include only geographies from British Columbia and to have the unique ID numbers added to the Census Subdivisions and Census Metropolitan Areas. The tables are available in CSV and Excel Workbook format. Definitions and notes are included at the bottom of the spreadsheet. This data set was collected as part of the Canadian Housing Statistics Program by Statistics Canada. Geographies: Abbotsford-Mission, census metropolitan area, Abbotsford, Mission, Kelowna, census metropolitan area, Central Okanagan, Central Okanagan J, Kelowna, Lake Country, Peachland, West Kelowna, Vancouver, census metropolitan area, Anmore, Belcarra, Bowen Island, Burnaby, Coquitlam, Delta, Langley, city, Langley, municipal district, Lions Bay, Maple Ridge, Metro Vancouver A, New Westminster, North Vancouver, city, North Vancouver, municipal district, Pitt Meadows, Port Coquitlam, Port Moody, Richmond, Surrey, Vancouver, West Vancouver, White Rock, Victoria, census metropolitan area, Central Saanich, Colwood, Esquimalt, Highlands, Juan de Fuca (Part 1), Langford, Metchosin, North Saanich, Oak Bay, Saanich, Sidney, Sooke, Victoria, View Royal, British Columbia, outside of census metropolitan areas, Alberni-Clayoquot A, Alberni-Clayoquot B, Alberni-Clayoquot C, Alberni-Clayoquot D, Alberni-Clayoquot E, Alberni-Clayoquot F, Alert Bay, Armstrong, Ashcroft, Barriere, Bulkley-Nechako A, Bulkley-Nechako B, Bulkley-Nechako C, Bulkley-Nechako D, Bulkley-Nechako E, Bulkley-Nechako F, Bulkley-Nechako G, Burns Lake, Cache Creek, Campbell River, Canal Flats, Cariboo A, Cariboo B, Cariboo C, Cariboo D, Cariboo E, Cariboo F, Cariboo G, Cariboo H, Cariboo I, Cariboo J, Cariboo K, Cariboo L, Castlegar, Central Coast A, Central Coast C, Central Coast D, Central Coast E, Central Kootenay A, Central Kootenay B, Central Kootenay C, Central Kootenay D, Central Kootenay E, Central Kootenay F, Central Kootenay G, Central Kootenay H, Central Kootenay I, Central Kootenay J, Central Kootenay K, Chase, Chetwynd, Chilliwack, Clearwater, Clinton, Coldstream, Columbia-Shuswap A, Columbia-Shuswap B, Columbia-Shuswap C, Columbia-Shuswap D, Columbia-Shuswap E, Columbia-Shuswap F, Comox, Comox Valley A, Comox Valley B (Lazo North), Comox Valley C (Puntledge - Black Creek), Courtenay, Cowichan Valley A, Cowichan Valley B, Cowichan Valley C, Cowichan Valley D, Cowichan Valley E, Cowichan Valley F, Cowichan Valley G, Cowichan Valley H, Cowichan Valley I, Cranbrook, Creston, Cumberland, Dawson Creek, Duncan, East Kootenay A, East Kootenay B, East Kootenay C, East Kootenay E, East Kootenay F, East Kootenay G, Elkford, Enderby, Fernie, Fort St. James, Fort St. John, Fraser Lake, Fraser Valley A, Fraser Valley B, Fraser Valley C, Fraser Valley D, Fraser Valley E, Fraser Valley F, Fraser Valley G, Fraser Valley H, Fraser-Fort George A, Fraser-Fort George C, Fraser-Fort George D, Fraser-Fort George E, Fraser-Fort George F, Fraser-Fort George G, Fraser-Fort George H, Fruitvale, Gibsons, Gold River, Golden, Grand Forks, Granisle, Greenwood, Harrison Hot Springs, Hazelton, Hope, Houston, Hudson's Hope, Invermere, Juan de Fuca (Part 2), Kamloops, Kaslo, Kent, Keremeos, Kimberley, Kitimat, Kitimat-Stikine A, Kitimat-Stikine B, Kitimat-Stikine C (Part 1), Kitimat-Stikine C (Part 2), Kitimat-Stikine D, Kitimat-Stikine E, Kitimat-Stikine F, Kootenay Boundary A, Kootenay Boundary B / Lower Columbia-Old-Glory, Kootenay Boundary C / Christina Lake, Kootenay Boundary D / Rural Grand Forks, Kootenay Boundary E / West Boundary, Ladysmith, Lake Cowichan, Lantzville, Lillooet, Logan Lake, Lumby, Lytton, Mackenzie, Masset, McBride, Merritt, Midway, Montrose, Mount Waddington A, Mount Waddington B, Mount Waddington C, Mount Waddington D, Nakusp, Nanaimo, Nanaimo A, Nanaimo B, Nanaimo C, Nanaimo E, Nanaimo F, Nanaimo G, Nanaimo H, Nelson, New Denver, New Hazelton, North Coast A, North Coast C,...

The Canadian luxury housing market, characterized by high-value properties and significant buyer demand, is experiencing robust growth. While the exact market size in 2025 is not specified, considering a CAGR exceeding 10% and a substantial base year value (let's assume a base year market size of $50 billion in 2024 for illustrative purposes, a figure consistent with estimates for high-end residential real estate in Canada), the market size in 2025 can be estimated to be around $55 billion. This robust growth is propelled by several key drivers: a strong economy in certain regions, sustained immigration, increasing high-net-worth individuals seeking premium properties, and a limited supply of luxury homes in desirable urban areas. Furthermore, trends like a shift towards larger, more sustainable properties with high-end amenities are further fueling demand. However, constraints exist, including rising interest rates which can impact affordability, stringent building regulations, and potential government policies aimed at cooling down the overall housing market. Leading developers such as Onni Group, Concord Pacific, Minto Group, Mattamy Homes, Westbank Corp, The Daniels Corporation, Valencia Residential, Amacon, Brookfield Residential, and Oxford Properties Group are shaping the market, competing for increasingly limited land and resources. The forecast period of 2025-2033 projects continued growth, although at a potentially moderating pace. Given the inherent volatility of the luxury housing market and the aforementioned constraints, a conservative projection would be a CAGR of approximately 8-9% for the forecast period, resulting in a market size exceeding $100 billion by 2033. This assumes a continuing balance between supply and demand, and a degree of economic stability in the Canadian context. However, unforeseen global economic events or significant shifts in government policy could impact this projection. The segmentation of the market into various property types (condos, townhouses, detached houses) and geographic locations across the country will play a critical role in shaping this growth trajectory. 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.