In the first quarter of 2023, the average sales price of detached single-family homes in Canada was approximately 656,000 Canadian dollars. Nevertheless, house prices varied greatly across different markets. For example, in Vancouver, housing was more than twice as expensive as the national average. The market with the most affordable housing was Saint John, where the average single-family detached home sold for approximately 337,000 Canadian dollars. In comparison to house prices, the average sales price of condominium apartments in all Canadian markets was lower.
Average sales price of detached single-family housing in Canada in 1st quarter 2023, by market
(in Canadian dollars)
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Royal Bank of Canada. (June 28, 2023). Average sales price of detached single-family housing in Canada in 1st quarter 2023, by market (in Canadian dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1246435/single-family-detached-housing-average-price-canada-by-market/
Royal Bank of Canada. "Average sales price of detached single-family housing in Canada in 1st quarter 2023, by market (in Canadian dollars)." Chart. June 28, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1246435/single-family-detached-housing-average-price-canada-by-market/
Royal Bank of Canada. (2023). Average sales price of detached single-family housing in Canada in 1st quarter 2023, by market (in Canadian dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1246435/single-family-detached-housing-average-price-canada-by-market/
Royal Bank of Canada. "Average Sales Price of Detached Single-family Housing in Canada in 1st Quarter 2023, by Market (in Canadian Dollars)." Statista, Statista Inc., 28 Jun 2023, https://www.statista.com/statistics/1246435/single-family-detached-housing-average-price-canada-by-market/
Royal Bank of Canada, Average sales price of detached single-family housing in Canada in 1st quarter 2023, by market (in Canadian dollars) Statista, https://www.statista.com/statistics/1246435/single-family-detached-housing-average-price-canada-by-market/ (last visited December 22, 2024)
Average sales price of detached single-family housing in Canada in 1st quarter 2023, by market (in Canadian dollars) [Graph], Royal Bank of Canada, June 28, 2023. [Online]. Available: https://www.statista.com/statistics/1246435/single-family-detached-housing-average-price-canada-by-market/