MSL apartment price index in Canada 2005-2023
The MSL apartment price index measures the development of apartment prices in Canada since 2005. Apartment prices in Canada plateaued between in 2022 and 2023, following a spike in 2021. The index value was set to 100 index points in January 2005 and as of December 2023, the apartment housing price index reached 309.5 index points. Single family housing and townhouse prices followed a similar trend. Nevertheless, these markets experienced a drop in 2022, whereas the apartment market remained unaffected by the price correction.
