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Canadian housing: residential resale price forecast 2020-2022

This statistic presents the forecast average residential housing resale price in Canada from the second quarter of 2020 to the fourth quarter of 2024 reflecting the information available as of the end of April 2020. As a result of the coronavirus (COVID-19) crisis, Canadian housing resale prices are forecast to continuously decline until the beginning of 2021. In the upper bound scenario, resale prices are expected to head for recovery in the first quarter of 2021 and reach pre-2020 values in the last quarter of 2024.

Average residential housing resale price forecast in Canada from 2nd quarter 2020 to 4th quarter 2022

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Sources

Release date

June 2020

Region

Canada

Survey time period

April 2020

Special properties

forecast.

Supplementary notes

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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Statistics on "Residential housing in Canada"

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