The slides details the national average home price and average prices by province, comparing September 2025 to September 2024.National Overview:Average Canadian home price: $676,000, up +1% year-
September 2025, The Cost of Home Ownership in Canada
Dated: October 24 2025
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The slides details the national average home price and average prices by province, comparing September 2025 to September 2024.
National Overview:
Average Canadian home price: $676,000, up +1% year-over-year.
Provincial Breakdown:
Highest Average Prices:
British Columbia: $948,000 (0%)
Ontario: $829,000 (-3%)
Lowest Average Prices:
Newfoundland & Labrador: $338,000 (+11%)
New Brunswick: $328,000 (+6%)
Regional Patterns:
Strongest growth:
Northwest Territories (+12%) and Newfoundland & Labrador (+11%)
Moderate growth:
Quebec, Manitoba, and Saskatchewan all rose around +7%
Nova Scotia: +5%, New Brunswick: +6%
Stable to modest gains:
Alberta, Yukon, PEI: all around +1%
Declines:
Ontario (-3%) remains the only province showing year-over-year depreciation.
Overall Summary:
National prices remain stable with slight growth overall. The strength in Atlantic Canada and the North contrasts with Ontario’s decline, suggesting regional market resilience outside traditional high-cost centers.
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