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Median house prices in Ontario 2018-2020
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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
The price for a house in Ontario in 2020 is forecasted to be 595,200 Canadian dollars.
Ontario
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.
Median house prices in Ontario from 2018 to 2020 (in Canadian dollars)
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| Price in Canadian dollars | |
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by Jennifer Rudden,
last edited
Aug 9, 2019
The price for a house in Ontario in 2020 is forecasted to be 595,200 Canadian dollars.
Ontario
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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- Release date
- June 2019
- Region
- Canada
- Survey time period
- 2018
- Supplementary notes
- *Forecast.
Source
- Show sources information
- Show publisher information
- Release date
- June 2019
More information
- Region
- Canada
- Survey time period
- 2018
- Supplementary notes
- *Forecast.
Other statistics on the topic
Canadian Housing Market
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Residential housing in Canada
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Statistics on "Residential housing in Canada"
- Overview of real estate market
The most important statistics
- Number of housing units sold in Canada from 2018 to 2020House sales Canada 2018-2020
- Real estate prospects in Canada in 2020, by cityReal estate prospects Canada 2020, by city
- Rate of arrears to total number of mortgages in Canada 2008-2018, by yearRate of arrears to total number of mortgages Canada 2008-2018
- Average residential housing resale price in Canada from 2014 to 2021 (in Canadian dollars)Canadian housing: residential resale price 2014-2021
- House price to income ratio in Canada from 3rd quarter 2015 to 3rd quarter 2019Quarterly house price to income ratio in Canada 2015-2019
- Consumer confidence in value of real estate in Canada in 2019Consumer confidence in value of real estate Canada 2019
- Number of real estate employees in Canada from October 2016 to September 2019Number of real estate employees in Canada 2016-2019
- Average weekly wages of real estate employees in Canada from March 2017 to September 2019 (in Canadian dollars)Weekly wages for real estate employees in Canada 2017-2019
- House prices
The most important statistics
- Median house prices in Canada in 2018, by province (in Canadian dollars)Median house prices in Canada 2018
- Average residential property sale prices in selected markets in Canada in 2018 (in thousand Canadian dollars)Average residential sale prices in selected markets in Canada 2018
- Median house prices in Canada from 2018 to 2020 (in Canadian dollars)Median house prices in Canada 2018-2020
- Median house prices in British Columbia from 2017 to 2020 (in Canadian dollars)Median house prices in British Columbia 2017-2020
- Median house prices in Alberta from 2018 to 2020 (in Canadian dollars)Median house prices in Alberta 2018-2020
- Median house prices in Saskatchewan from 2018 to 2020 (in Canadian dollars)Median house prices in Saskatchewan 2018-2020
- Median house prices in Manitoba from 2018 to 2020 (in Canadian dollars)Median house prices in Manitoba 2018-2020
- Median house prices in Ontario from 2018 to 2020 (in Canadian dollars)Median house prices in Ontario 2018-2020
- Housing starts
The most important statistics
- Single-detached housing starts in Canada from 2014 to 2018 (in number of units)Single-detached housing starts in Canada 2014-2018
- Multiple housing starts in Canada from 2014 to 2018 (in number of units)Multiple housing starts in Canada 2014-2018
- Number of housing starts in Alberta from 2012 to 2018Number of housing starts in Alberta 2012-2018
- Number of housing starts in British Columbia from 2012 to 2018Number of housing starts in British Columbia 2012-2018
- Number of housing starts in Manitoba from 2012 to 2018Number of housing starts in Manitoba 2012-2018
- Number of housing starts in Nova Scotia from 2012 to 2018Number of housing starts in Nova Scotia 2012-2018
- Number of housing starts in Newfoundland and Labrador from 2012 to 2018Number of housing starts in Newfoundland and Labrador 2012-2018
- Number of housing starts in New Brunswick from 2012 to 2018Number of housing starts in New Brunswick 2012-2018
- Rental market
The most important statistics
- House price to rent ratio in Canada from 1st quarter 2015 to 3rd quarter 2019Quarterly house price to rent ratio in Canada 2015-2019
- Most expensive cities to rent 1-bedroom apartment in Canada as of June 2019 (in Canadian dollars)Most expensive cities to rent 1-bedroom apartment in Canada 2019
- Most expensive cities to rent 2-bedroom apartment in Canada as of June 2019 (in Canadian dollars)Most expensive cities to rent 2-bedroom apartment in Canada 2019
- Gross rental yield in Toronto and Vancouver as of August 2019, by locationGross rental yield in Toronto and Vancouver 2019, by location
- Affordability
The most important statistics
- Affordability of housing in Canada Q4 2018, by marketAffordability of housing Canada 2018, by market
- Affordability of single-family detached homes in Canada 2017, by marketAffordability of single-family detached homes Canada 2017, by market
- Affordability of condominiums in Canada 2017, by marketAffordability of condominiums Canada 2017, by market
- Opinion of British Columbians on house affordability for young people as of April 2018British Columbia: homeownership possibility for young people 2018
- Which of the following factors do you think are the main causes of high housing prices in Vancouver?Reasons for high home prices in Vancouver 2018
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