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Canada House Price Index since 1999
Canada
Real estate price trends in Canada.
The Teranet–National Bank House Price Index tracks average home price changes in 11 Canadian metropolitan areas: Victoria,Vancouver, Calgary, Edmonton, Winnipeg, Hamilton, Toronto, Ottawa-Gatineau, Montreal, Quebec, and Halifax, and then takes a weighted average. These indices are based on the repeat sales methodology and began in February 1999.
House prices in Canada (11 cities composite) % change 1 yr
Nominal and inflation-adjusted ('real')
Canada
Quarterly change in house prices, inflation-adjusted
| Q1 | Q2 | Q3 | Q4 | |
| 2024 | -0.83% | |||
| 2023 | -3.61% | 1.46% | 2.93% | -0.99% |
| 2022 | 1.74% | -1.75% | -4.28% | -1.46% |
| 2021 | 2.21% | 3.64% | 1.58% | 3.81% |
| 2020 | 1.38% | -1.27% | 5.31% | 3.03% |
| 2019 | -2.39% | -0.93% | 1.8% | 1.99% |
| 2018 | -1.52% | -0.37% | 1.11% | 0.96% |
| 2017 | 1.61% | 4% | -0.89% | 1.85% |
| 2016 | 1.29% | 2.69% | 3.79% | 2.75% |
| 2015 | -0.26% | 0.05% | 2.37% | 2.16% |
| 2014 | 0.12% | -0.9% | 2.06% | 2.73% |
| 2013 | -0.14% | 0.21% | 1.08% | 1.93% |
| 2012 | 0.5% | 0.68% | 0.11% | 0.88% |
| 2011 | 0.33% | 1.56% | 0.58% | 1.54% |
| 2010 | 0.67% | 1.07% | -2.69% | 1.86% |
| 2009 | -3.44% | 0.99% | 4.69% | 4.63% |
| 2008 | 0.97% | -2.15% | -1.05% | -0.55% |
| 2007 | 1.83% | 2.31% | 2.04% | 1.25% |
| 2006 | 1.65% | 1.72% | 4.9% | 1.59% |
| 2005 | 1.3% | 1.09% | 0.16% | 3.87% |
| 2004 | 1.67% | 0.92% | 1.3% | 1.76% |
| 2003 | 0.18% | 1.84% | 1.41% | 2.03% |
| 2002 | 0.48% | 1.42% | 1.25% | 1.79% |
| 2001 | 0.39% | -0.42% | 1.77% | 3.04% |
| 2000 | 0.12% | 0.24% | 0.52% | 0.69% |
| 1999 | 0.93% | -0.76% | 0.87% |
This table shows the change in house prices during a single quarter, adjusted for inflation.
Adjusting house price rises (or declines) for inflation produces a more accurate picture of the change in value of housing than the usual nominal figures cited in the newspapers.