Average house price in Canada 2018-2024, with a forecast by 2026

Published by Statista Research Department, Mar 11, 2025

The average Canadian house price declined slightly in 2023, after four years of consecutive growth. The average house price stood at 678,282 Canadian dollars in 2023 and was forecast to reach 746,379 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 443,511 units sold, the annual number of home sales in the country is expected to rise to 453,704 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.

Average house price in Canada from 2018 to 2024, with a forecast by 2026 (in Canadian dollars)

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Release date

January 2025

Region

Canada

Survey time period

2018 to 2026

Special properties

* forecast as of January 2025

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