Canada

Square Metre Prices - Canada Compared to Continent

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Canada	$3,985
USA	$16,216

 

 

Canada: Square metre prices, premier city centre, US$.

Average per square metre (sq. m.) prices in US$/€ of 120-sq. m. apartments located in the centre of the most important city of each country, either the:

• Administrative capital; and/or
• Financial capital; and/or
• The centre of the rental market

Residential square metre prices published by the Global Property Guide are based on in-house research, using a simple method we systematically scan web advertisements, looking at offers for sale, and offers for rent, of resale apartments and houses.

Properties are in excellent condition, with good facilities, and have been refurbished or redecorated within the last five years.

Newly-built and pre-sale property prices are not included. Buyers should expect the prices of new properties to be higher than house prices published by the Global Property Guide.

When was this data collected? Click on individual countries to see the data collection date.

Many countries produce residential house price time-series.

Source: Global Property Guide Research

 

Canada has some of the best housing data in the world. Statistics Canada releases a monthly house price index. The Canadian Mortgage and Housing Corporation (CMHC) has statistics on median house prices (MLS), housing construction activities and rent. CMHC’s Housing Market Outlook and Rental Reports summarize this data. The Canadian Real Estate Association (CREA) produces forecasts of house sales activities. Scotia Bank reviews current developments in the real estate market.

General economics statistics are available from the Reserve Bank of Canada. There are also weekly updates of economic trends from the Bank of Scotia.