Observations from the MSL housing price index that measures the development of house prices in Canada since 2005 show single-family house prices increased year-on-year, with the exception of a couple of slight corrections in 2008, 2018, and 2022. The index value was set to 100 index points in January 2005 and as of December 2022, it reached 341.5 index points. A similar trend can be seen in the apartment price index and the composite housing price index in Canada over the same period of time.
MSL single-family housing price index in Canada from 2005 to 2022
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CREA. (January 16, 2023). MSL single-family housing price index in Canada from 2005 to 2022 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1246640/price-index-of-single-family-housing-in-canada-since-2005/
CREA. "MSL single-family housing price index in Canada from 2005 to 2022." Chart. January 16, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1246640/price-index-of-single-family-housing-in-canada-since-2005/
CREA. (2023). MSL single-family housing price index in Canada from 2005 to 2022. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1246640/price-index-of-single-family-housing-in-canada-since-2005/
CREA. "Msl Single-family Housing Price Index in Canada from 2005 to 2022." Statista, Statista Inc., 16 Jan 2023, https://www.statista.com/statistics/1246640/price-index-of-single-family-housing-in-canada-since-2005/
CREA, MSL single-family housing price index in Canada from 2005 to 2022 Statista, https://www.statista.com/statistics/1246640/price-index-of-single-family-housing-in-canada-since-2005/ (last visited November 21, 2024)
MSL single-family housing price index in Canada from 2005 to 2022 [Graph], CREA, January 16, 2023. [Online]. Available: https://www.statista.com/statistics/1246640/price-index-of-single-family-housing-in-canada-since-2005/
