Change in home prices in selected markets in Canada 2023, with a forecast for 2024
Residential real estate prices fell across most markets in Canada in 2023; however, two markets, North Bay and Sault Ste. Marie, ON, experienced double-digit growth. Metro Vancouver, one of Canada's most expensive markets for housing, recorded house price growth of four percent. According to the forecast, prices are expected to increase in most markets under observation. In Vancouver, the increase is forecast at two percent.
