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Median house prices in Ontario 2018-2020

Median house prices in Ontario from 2018 to 2020 (in Canadian dollars)

by Jennifer Rudden, last edited Aug 9, 2019
Median house prices in Ontario 2018-2020 The price for a house in Ontario in 2020 is forecasted to be 595,200 Canadian dollars.

Ontario is the most populated province in Canada, located on the eastern-central side of the country. It is an English speaking province. To the south, it borders American states Minnesota, Michigan, Ohio, Pennsylvania, and New York. Its provincial capital and largest city is Toronto. It is also home to Canada’s national capital, Ottawa. Furthermore, a large part of Ontario’s economy comes from manufacturing, as it is the leading manufacturing province in Canada. The population of Ontario has been steadily increasing since 2000. The population in 2018 was an estimated 14.3 million people. The median total family income in 2016 came to 83,160 Canadian dollars.

Ontario housing market

The number of housing units sold in Ontario is projected to increase from 2018 to 2020. Additionally, the average home prices in Ontario have significantly increased since 2007. However in both 2007 and 2017, the Windsor-Essex submarket has remained the most affordable in Ontario. On the other hand, the Greater Toronto area has remained the most expensive.
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Median house prices in Ontario from 2018 to 2020 (in Canadian dollars)

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