According to the Teranet-National Bank House Price Index, house prices dropped 0.9% in November, following the 1.0% fall in October....
Home Prices Index in Canada
The economy recorded average house price growth of 7.4% in the decade to 2022. In 2022, house price growth in Canada was 11.4%.
Canada Home Prices Chart
Note: This chart displays Home Prices Index (ann. var. %) for Canada from 2024 to 2015.
Source: Macrobond.
Canada Home Prices Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Home Prices Index (ann. var. %) | 6.5 | 14.7 | 11.3 | -2.0 | 3.3 |
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Canadian home prices projections for the next ten years from a panel of 1 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable home prices forecast available for Canadian home prices.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Canadian home prices projections.
Want to get access to the full dataset of Canadian home prices forecasts? Send an email to info@focus-economics.com.
Latest Global Housing News
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Canada: House prices fall in November; housing starts decline -
Canada: House prices fall in October; housing starts stay solid According to the Teranet-National Bank House Price Index, house prices dropped 1.0% in October (September: -1.3%), the second straight monthly... -
Canada: House prices fall in September; housing starts rise According to the Teranet-National Bank House Price Index, home prices slid 1.3% in monthly terms in September, which contrasted August’s... -
Canada: House prices rise in August The Teranet-National Bank House Price Index rose 0.6% terms in August, which followed July’s 1.8% increase. August’s outturn marked the... -
China: Housing market remains weak in August; government announces further stimulus In January–August, the contraction in property investment steepened to 8.8% year on year from 8.5% in January–July. Indicators for commercial... -
Canada: House prices rise month on month in July; housing starts stay robust According to the Teranet-National Bank House Price Index, house prices fell at a more moderate pace of 1.9% in July... -
China: Housing market weakens further in July In January–July, the contraction in property investment steepened to 8.5% year on year from 7.9% in January–June. Indicators for commercial...