Market Reports Canada
Canadian Real Estate Market Data 2024-2025
Comprehensive analysis of property trends, prices, and forecasts across Canada's major markets
Canadian Real Estate Market Overview
The Canadian real estate market is showing signs of stabilization in 2024, with Toronto and Vancouver leading price recovery at 5.2% and 4.8% year-over-year respectively. Condo markets are showing resilience while single-family homes continue to attract premium pricing.
Market Performance
Detailed Market Analysis
Property Prices by City and Bedrooms
| City | Bedrooms | Avg Price (CAD) | Price per Sq.Ft (CAD) | YoY Change | 2025 Forecast | Rental Yield |
|---|---|---|---|---|---|---|
| Toronto | Studio | $485,000 | $1,125 | +5.2% | +4.5% | 4.2% |
| 1 Bedroom | $685,000 | $1,085 | +4.8% | +4.2% | 4.5% | |
| 2 Bedrooms | $925,000 | $1,050 | +4.5% | +3.9% | 4.8% | |
| 3+ Bedrooms | $1,425,000 | $995 | +4.1% | +3.6% | 5.1% | |
| Vancouver | Studio | $525,000 | $1,285 | +4.8% | +4.2% | 3.8% |
| 1 Bedroom | $725,000 | $1,225 | +4.5% | +3.9% | 4.1% | |
| 2 Bedrooms | $1,125,000 | $1,185 | +4.2% | +3.7% | 4.4% | |
| 3+ Bedrooms | $1,825,000 | $1,150 | +3.9% | +3.4% | 4.7% | |
| Montreal | Studio | $285,000 | $685 | +3.8% | +3.3% | 5.2% |
| 1 Bedroom | $385,000 | $645 | +3.5% | +3.0% | 5.5% |
Market Insights & Forecasts
Toronto's market continues to show resilience with steady price growth expected through 2025. Condo markets are stabilizing while single-family homes in desirable neighborhoods maintain premium valuations.
Vancouver's market shows balanced growth with continued interest in suburban properties. Foreign buyer restrictions continue to shape market dynamics while local demand remains strong.
Calgary and Ottawa are showing strong growth with affordable pricing and high quality of life. Atlantic Canada markets continue to attract attention from interprovincial migrants.
City Performance Highlights
Toronto
Market recovery continues with 5.2% year-over-year growth. Condo market stabilizing with increased rental demand driving investor interest.
Vancouver
Balanced market conditions with steady price appreciation. West Side properties continue to command premium prices despite market adjustments.