Canada had total monthly transactions of 35,834 in April 2024 which was a 1-month decrease of 0.10% or a 12-month decrease of 7.50%. While the average home price saw a 1-month increase of 0.20% as it increased to $679,866, the 12-month change was a decrease of 3.90%. The benchmark home price saw decreases with a 1-month decrease of 0.70% and 12-month decrease of 3.60% as it hit $701,900.
Average home prices
The average home price in Canada was $679,886 in April 2025. These are the average home prices across the provinces:
| Province | Average Home Price |
|---|---|
| British Columbia | $942,884 |
| Ontario | $859,645 |
| Quebec | $539,667 |
| Alberta | $525,135 |
| Nova Scotia | $477,925 |
| Prince Edward Island | $417,794 |
| Manitoba | $403,587 |
| Saskatchewan | $345,364 |
| Newfoundland and Labrador | $326,741 |
Benchmark home prices
The benchmark home price in Canada is $701,900. This chart breaks down the benchmark home prices across Canada:
| Province | Benchmark Home Price |
|---|---|
| British Columbia | $968,600 |
| Ontario | $812,500 |
| Quebec | $525,900 |
| Alberta | $523,400 |
| Nova Scotia | $430,400 |
| Prince Edward Island | $364,600 |
| Saskatchewan | $360,500 |
| New Brunswick | $325,600 |
| Newfoundland and Labrador | $310,900 |
Home price data is from the Canadian Real Estate Association (CREA)