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 ******* 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.

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.

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.

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).

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 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.

In November 2024, a single-family house in Oak Bay cost *** 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 ******* 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 **** 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.

Housing Index in Canada decreased to 123.70 points in May from 124 points in April of 2025. This dataset provides - Canada New Housing Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Portland-Vancouver-Beaverton, OR-WA - Housing Inventory: Price Increased Count Year-Over-Year in Portland-Vancouver-Hillsboro, OR-WA (CBSA) was 50.79% in May of 2025, according to the United States Federal Reserve. Historically, Portland-Vancouver-Beaverton, OR-WA - Housing Inventory: Price Increased Count Year-Over-Year in Portland-Vancouver-Hillsboro, OR-WA (CBSA) reached a record high of 896.61 in August of 2020 and a record low of -94.29 in October of 2022. Trading Economics provides the current actual value, an historical data chart and related indicators for Portland-Vancouver-Beaverton, OR-WA - Housing Inventory: Price Increased Count 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.

In 2020, prime property prices are forecast to increase by seven percent in Paris, France. Meanwhile, prime residential real estate prices in Vancouver, Canada will drop by five percent in the same year.

Portland-Vancouver-Beaverton, OR-WA - Market Hotness: Listing Views per Property in Portland-Vancouver-Hillsboro, OR-WA (CBSA) was -7.77339 % Chg. in May of 2025, according to the United States Federal Reserve. Historically, Portland-Vancouver-Beaverton, OR-WA - Market Hotness: Listing Views per Property in Portland-Vancouver-Hillsboro, OR-WA (CBSA) reached a record high of 57.10519 in January of 2020 and a record low of -19.30967 in May of 2022. Trading Economics provides the current actual value, an historical data chart and related indicators for Portland-Vancouver-Beaverton, OR-WA - Market Hotness: Listing Views per Property in Portland-Vancouver-Hillsboro, OR-WA (CBSA) - last updated from the United States Federal Reserve on July of 2025.

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.

In the first half of 2020, Vancouver and Toronto were the leading markets for luxury homes in Canada. In Vancouver, the number of luxury real estate sales was 1,849, with the majority of properties falling within the one to four million Canadian dollars price range. Vancouver was also the most expensive market for luxury homes in Canada.

In the first half of 2020, Toronto was the most expensive market for luxury condominiums in Canada. During this period, the average price of luxury condos was ***** Canadian dollars per square foot. In comparison, in Vancouver, the average square footage price was *** Canadian dollars, which was *** Canadian dollars less than in Toronto.

In the fourth quarter of 2020, the average sales price of condominium apartments in Canada was close to ******* Canadian dollars. Nevertheless, apartment prices varied greatly across different markets. For example, in Vancouver and Toronto, apartments were significantly more expensive than the national average. The market with the most affordable housing was Saskatoon, where the average apartment sold for approximately ******* Canadian dollars. In comparison to apartment prices, the average single-family detached home was pricier in all Canadian markets.

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 ...).

The median rent for a two-bedroom apartment in Vancouver, Canada increased year-on-year since 2009. As of October 2022, renters paid on average 1,900 Canadian dollars monthly, up from 1,720 Canadian dollars the year before. The data is based on the results of an annual survey among owners, managers, and building superintendents and includes only apartments in privately initiated buildings with three or more rental units on the market for more than three months.

Commercial rents services price index (CRSPI) by North American Industry Classification System (NAICS). Monthly data are available from January 2006 for the total index and from January 2019 for all other indexes. The table presents data for the most recent reference period and the last five periods. The base period for the index is (2019=100).