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Home (House) Buying Tips - Home Buying Advice and Guide
Average House Prices in Canada | Canadian Home Prices
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One of the major attractions of a move to Canada is the cost of housing compared with other western countries.
As happens everywhere, prices are higher in Canada's big cities than they are in the surrounding towns.
Canada's highest house prices are found in Vancouver / British Columbia, on the west coast, where the country's mildest weather is found.
Severe winter weather or remoteness from major markets usually results in low house prices
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The following house prices are based on properties sold through the Multiple Listing Service - Source: Canadian Real Estate Association, 2007 - 2008.
Average House Prices in Toronto
Date |
Average House Price |
| January-July 2006 |
$353,135 |
| January-July 2007 |
$371,055 |
| House Type |
Average House Price |
| Standard Two-Storey |
$475,625 |
| Detached Bungalow |
$411,224 |
| Townhouse |
$315,608 |
| Condo (Two Bedrooms) |
$282,296 |
Average House Prices in Calgary
| Date |
Average House Price |
| January-July 2006 |
$334,870 |
| January-July 2007 |
$414,046 |
| House Type |
Average House Price |
| Standard Two-Storey |
$465,678 |
| Detached Bungalow |
$459,889 |
| Townhouse |
$360,788 |
| Condo (Two Bedrooms) |
$300,078 |
Average House Prices in Vancouver
| Date |
Average House Price |
| January-July 2006 |
$497,529 |
| January-July 2007 |
$559,890 |
| House Type |
Average House Price |
| Standard Two-Storey |
$609,092 |
| Detached Bungalow |
$589,916 |
| Townhouse |
$424,713 |
| Condo (Two Bedrooms) |
$291,415 |
Average House Prices in Montreal
| Date |
Average House Price |
| January-July 2006 |
$214,661 |
| January-July 2007 |
$226,556 |
| House Type |
Average House Price |
| Standard Two-Storey |
$295,331 |
| Detached Bungalow |
$226,453 |
| Townhouse |
$202,048 |
| Condo (Two Bedrooms) |
$191,816 |
Average House Prices in Ottawa
| Date |
Average House Price |
| January-July 2006 |
$231,435 |
| January-July 2007 |
$245,468 |
| House Type |
Average House Price |
| Standard Two-Storey |
$316,222 |
| Detached Bungalow |
$264,017 |
| Townhouse |
$220,006 |
| Condo (Two Bedrooms) |
$191,429 |
Average House Prices in Edmonton
| Date |
Average House Price |
| January-July 2006 |
$230,188 |
| January-July 2007 |
$336,658 |
| House Type |
Average House Price |
| Standard Two-Storey |
$376,060 |
| Detached Bungalow |
$389,667 |
| Townhouse |
$285,500 |
| Condo (Two Bedrooms) |
$265,000 |
Toronto House and Real Estate Auctions |
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