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Typical House Prices in Canada

One of the main attractions of a travel to Canada is the cost of housing compared with other western countries. As happens all over the world, prices are high in Canada's big cities as compared to the surrounding towns.

Canada's uppermost house prices are found on the west coast in Vancouver / British Columbia, where the country's most favorable weather is found. Rigorous winter weather or isolation from major markets typically results in low house prices - for instance property prices are low in Manitoba and Prince Edward Island.

In 2007 prices in thriving Alberta rose over prices in Ontario for the first time in the history and, in the same layer, prices in Calgary rose over those in Toronto. Regardless of the more recent fall in oil prices, Alberta prices in 2010 stay higher than those in Ontario but Calgary prices have dropped less those in Toronto.

By Cities:
Canadian Cities Average House Prices January 2010
City                         Average  Price            Yearly Change
Vancouver, BC       $638,000                      + 18.9 %
Toronto, Ont           $409,000                      + 19.0 %
Calgary, Alb            $382,000                      + 5.5 %
Ottawa, Ont            $324,000                       + 11.3 %
Montreal, Que         $284,000                       + 11.1 %
Halifax, NS              $242,000                      - 0.4 %
Regina, Sask            $214,000                      - 6.2 %
Fredericton, NB       $164,000                      + 6.0 %

By Province:
Canadian Provinces Average House Prices January 2010
Province                                     Average House Price        Yearly Change
British Columbia                           $492,000                             + 19.0 %
Alberta                                         $343,000                             + 6.4 %
Ontario                                        $329,000                              + 19.5 %
Quebec                                        $236,000                             + 9.8 %
Newfoundland / Labrador             $236,000                             + 22.5 %
Saskatchewan                              $228,000                              + 2.0 %
Manitoba                                     $213,000                              + 15.9 %
Nova Scotia                                 $194,000                              + 8.3 %
Prince Edward Island                   $159,000                              - 3.6 %
New Brunswick                           $156,000                               + 7.3 %
Canadian Average                        $329,000                               + 19.6 %

2 comments:

Anonymous said...

What are house prices in Edmonton Alberta. I want to settle there after immigration. Can someone gime me any idea?

Prices said...

City: Hay River, NT
Price: $255,000
Bedrooms: 3
Bathrooms: 2
Sq. Feet: 1600
Home on double lot.
Home has three bedrooms and two bathrooms.
Master bedroom has en suite with two vanities, Jacuzzi tub, and stand up shower.
House has all laminate flooring no carpet.
Freshly painted, vaulted ceilings, kitchen redone in November 2009 as well as new shingles November 2009.

City: Mill Bay, BC
Price: $548,500 $535,000
Bedrooms: 3
Bathrooms: 3
Sq. Feet: 3260
This is a beautiful large family home in Mill Bay on a flat level lot.
This home boasts 3,260 sq.ft. including two in-law suites with separate entrances and privacy which is good for rental income or for family.
It has three large bedrooms on the second floor with two full bathrooms.

City: Hay River, NT
Price: $135,000
Bedrooms: 2
Bathrooms: 1
Sq. Feet: 1032
This great starter 2 bedroom mobile home w/fully insulated and wired 455 sq ft garage and a wired 96 sq ft storage shed.
A playground in back.
Family neighborhood.

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