Landing condos. How much is the house price? Entering 2021, the momentum of the Canadian real estate market has not weakened, on the contrary, house prices in various provinces are still rising.
According to the relevant data, sales and prices of Canadian real estate were guaranteed in March, with increases of 76% and 31.6%, respectively, and the average price of their property was C $716828, the largest year-on-year increase in Canadian history. The average price of a property in British Columbia and Ontario is C $915000 and C $862000, the highest in the country.
According to official data, the average property price of Canada is C $707026, the average price of Yukon is C $495257, the average price of Quebec is C $443919, the average price of Alberta is C $436570, the average price of Northwest Territories is C $431822, the average price of Nova Scotia is C $347311, the average price of Prince Edward island is C $340,121, the average price of Manitoba is C $329,973, the average price of Saskatchewan is C $303,112, and the average price of New Brunswick is C $258558. The average price of a property in Newfoundland&Labrador is C $256336.
According to the relevant data, property prices in central Canada are rising very fast, with property prices in Toronto exceeding C $1 million for the first time, up 22% and 95% compared with the same period. Property prices in Ottawa, the capital of Canada, have also risen more than expected, with the overall average price rising 31%, the proportion of transaction volume as high as 50%, and property prices currently at C $677000. Property prices in Canada’s Prince Edward Island province rose 21.9%, while average house prices in Nova Scotia and Brunswick rose 26.7% and 32%, respectively.
The development of the Canadian real estate market tends to be more balanced, and now the house prices of the whole country are in a rising trend, and it is expected that it will continue to rise in the future development. According to relevant reports, some parts of Canada’s property market demand is still relatively scarce, so in the case of increasing demand, property prices will continue to rise. The above is about Canadian real estate prices, relatively speaking, it is very good to invest in Canadian real estate.
