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Canada Housing Market Report

Canada housing market

These are the key facts for the housing market in Canada — all stats are for July 2024 unless otherwise mentioned.

  • The average home price in Canada was $667,317 which is a 0.2% year-over-year decrease.

Average home price in Canada

The average home price in Canada for July 2024 was $667,317 — which is a 0.2% decrease from the July 2023 home price. This home price is the average across the province and all property types.

Average home prices across provinces

Province Average Home Price Y/Y Change
British Columbia $962,537 -0.20%
Alberta $486,828 +8.20%
Saskatchewan $344,800 +4.50%
Manitoba $376,770 +6.90%
Ontario $837,685 -1.70%
Quebec $525,732 +6.30%
New Brunswick $308,800 +6.40%
Nova Scotia $418,200 +4.40%
Prince Edward Island $365,600 -0.30%
Newfoundland & Labrador $297,000 +4.20%
Canada Housing Report: 2024 Average Canada Home Prices

Canada home prices by property type

Home prices in major Canada cities

Canada Housing Markets

See the housing markets in Canada broken down at a national, provincial and city level with the following reports