The average residential housing resale price in Canada is forecasted continue increasing in the next two years. In the upper bound scenario, resale prices are expected to reach approximately 705,000 Canadian dollars in 2023, up from 568,000 Canadian dollars in 2020. During the coronavirus (COVID-19), the strong demand for housing has caused house prices to surge.
Average residential housing resale price in Canada 2018 to 2020 with a forecast for 2022
(in Canadian dollars)
The source adds the following information: "Historical resale market data in the summary tables of the Housing Market Outlook Reports refers to residential transactions through the Multiple Listings Services (MLS®) as reported by The Canadian Real Estate Association (CREA). In Quebec, this data is obtained by the Centris® listing system via the Quebec Professional Association of Real Estate Brokers (QPAREB)."
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Canada Mortgage and Housing Corporation. (May 6, 2021). Average residential housing resale price in Canada 2018 to 2020 with a forecast for 2022 (in Canadian dollars) [Graph]. In Statista. Retrieved May 21, 2022, from https://www.statista.com/statistics/225150/housing-resale-price-in-canada/
Canada Mortgage and Housing Corporation. "Average residential housing resale price in Canada 2018 to 2020 with a forecast for 2022 (in Canadian dollars)." Chart. May 6, 2021. Statista. Accessed May 21, 2022. https://www.statista.com/statistics/225150/housing-resale-price-in-canada/
Canada Mortgage and Housing Corporation. (2021). Average residential housing resale price in Canada 2018 to 2020 with a forecast for 2022 (in Canadian dollars). Statista. Statista Inc.. Accessed: May 21, 2022. https://www.statista.com/statistics/225150/housing-resale-price-in-canada/
Canada Mortgage and Housing Corporation. "Average Residential Housing Resale Price in Canada 2018 to 2020 with a Forecast for 2022 (in Canadian Dollars)." Statista, Statista Inc., 6 May 2021, https://www.statista.com/statistics/225150/housing-resale-price-in-canada/
Canada Mortgage and Housing Corporation, Average residential housing resale price in Canada 2018 to 2020 with a forecast for 2022 (in Canadian dollars) Statista, https://www.statista.com/statistics/225150/housing-resale-price-in-canada/ (last visited May 21, 2022)
