Average Home Price A Whopping $816,720.00
The value of Canadian real estate increased again in February, with the average home price selling at $816,720. That figure is up 51% compared to pre-pandemic markets.
March 16, 2022
Tag: CREA
Home Price making Records in December
As of December, The Canadian Real Estate Association’s House Price Index was up 26% year-over-year, setting a new record.
January 18, 2022
Home Prices Post Monthly Gain as Supply Tightens
National home prices posted their first monthly increase since February as housing inventory tightened further to “extremely low” levels, the Canadian Real E…
September 15, 2021
Home Prices Mark Fourth Consecutive Monthly Decline From March Peak
Real estate activity and home prices across Canada continue to retreat from their March peak, but record-low inventories are keeping many local markets “extremely…
August 16, 2021
Housing Market Moderates in May, but Prices Forecast to Rise 19.3% this Year
Home sales and prices continued to moderate in May, easing from March’s peak. But with ongoing tight supply and high demand, prices are expected to remain elevated…
June 15, 2021
Canadian Home Prices Take a Breather in April. Will it Last?
After months of record-setting gains, home sales and prices took a breather in April compared to March’s results. Annual gains, meanwhile, were skewed due to last…
May 17, 2021
Tight Market Conditions Keep Home Sales and Prices at Historical Highs
Canada’s average home price remained at a historical high in November as housing inventory remains at historical lows.
The average sale price in the month was $603,000, 13.8% from a year earlier, according to data released by the Canadian Real Es…
December 17, 2020
Housing Market Soars Above Pre-Pandemic Levels. But Will it Last?
The unlikely rebound of Canada’s real estate market continues, with home sales surging to 20% higher than pre-pandemic levels.
September 15, 2020
Home Prices Set New Record High, Sales Surpass Pre-COVID Levels
Continuing the upward trend that started in June, home sales bounced back to pre-COVID levels in July, soaring 30.5% year-over-year.
August 18, 2020
National Home Sales Slowly Recovering: CREA
National home sales are slowly recovering from their dip in February, but are still 10% below the highs reached in 2016 and 2017.
August 16, 2019