Total New Housing Starts (Seasonable adjusted and annualized) |
Province |
July 2007 |
August 2007 |
Newfoundland/Labrador |
2,500 |
2,400 |
PEI |
700 |
700 |
Nova Scotia |
4,200 |
5,700 |
New Brunswick |
4,600 |
4,700 |
Quebec |
51,000 |
50,700 |
Ontario |
66,900 |
69,300 |
Manitoba |
5,100 |
6,900 |
Saskatchewan |
7,700 |
6,400 |
Alberta |
46,000 |
50,500 |
British Columbia |
36,500 |
38,500 |
CANADA |
225,200 |
235,800 |
|
Source: CMHC Housing Now – October 2007. This seasonally adjusted data goes through stages of revision at different times of the year. |
|
Average MLS resale price for local markets |
City |
September 2006 |
September 2007 |
Halifax |
$214,771 |
$216,863 |
Quebec City |
$150,019 |
$166,571 |
Montreal |
$219,081 |
$227,740 |
Ottawa |
$255,631 |
$273,805 |
Toronto |
$349,149 |
$380,132 |
Hamilton/Burlington |
$248,787 |
$264,091 |
Saskatoon |
$162,116 |
$242,091 |
Calgary |
$369,928 |
$415,311 |
Edmonton |
$278,732 |
$344,286 |
Vancouver |
$527,504 |
$582,354 |
|
Source: Canadian Real Estate Association (CREA) |
|
Canadian Major Market Residential MLS Summary* |
|
Seasonally Adjusted
September 2007 |
Seasonally Adjusted
August 2007 |
Unadjusted Data
September 2007 |
Unadjusted Data
September 2006 |
Dollar Volume
($ millions) |
9,419.9 |
9,718.3 |
8,272.3 |
7,582.4 |
Unit Sale |
28,591 |
29,510 |
25,170 |
25,632 |
Average Price ($) | | |
328,660 |
295,821 |
New Listings |
49,569 |
48,897 |
51,673 |
52,676 |
|
Source: Canadian Real Estate Association * Includes totals for 25 major markets in Canada |
| |
Survey of Canadian Average House Prices in the Third Quarter 2007 |
|
Detached Bungalow |
Standard Two Storey |
Standard Condominium
> align=“center” |
Market |
Q3 2007 Average |
Q3 2006 Average |
Bungalow
% change |
Q3 2007 Average |
Q3 2006 Average |
2-Storey
% change |
Q3 2007 Average |
Q3 2006 Average |
Condo
% change |
Halifax |
198,000 |
186,333 |
6.3% |
238,333 |
191,667 |
24.3% |
150,000 |
142,000 |
5.6% |
Charlottetown |
150,000 |
145,000 |
3.4% |
177,000 |
175,000 |
1.1% |
100,000 |
98,000 |
2.0% |
Moncton |
157,000 |
135,000 |
16.3% |
135,000 |
129,000 |
4.7% |
|
|
|
Fredericton |
155,000 |
141,200 |
9.8% |
197,000 |
155,200 |
26.9% |
130,000 |
126,500 |
2.8% |
Saint John |
189,000 |
141,200 |
33.9% |
240,000 |
155,200 |
54.6% |
129,000 |
117,600 |
9.7% |
St. John’s |
153,667 |
143,667 |
7.0% |
213,333 |
200,667 |
6.3% |
160,000 |
146,333 |
9.3% |
Atlantic |
167,111 |
148,733 |
12.4% |
200,111 |
167,789 |
19.3% |
133,800 |
126,087 |
6.1% |
Montreal |
225,214 |
213,691 |
5.4% |
334,813 |
321,141 |
4.3% |
201,991 |
193,190 |
4.6% |
Ottawa |
305,750 |
290,083 |
5.4% |
302,917 |
285,667 |
6.0% |
193,750 |
181,083 |
7.0% |
Toronto |
405,581 |
378,641 |
7.1% |
523,320 |
479,477 |
9.1% |
287,039 |
252,088 |
13.9% |
Winnipeg |
204,950 |
181,579 |
12.9% |
231,833 |
202,337 |
14.6% |
120,032 |
105,648 |
13.6% |
Regina |
208,000 |
145,500 |
43.0% |
185,500 |
158,000 |
17.4% |
131,500 |
94,500 |
39.2% |
Saskatoon |
293,750 |
183,250 |
60.3% |
323,750 |
199,650 |
62.2% |
207,500 |
118,000 |
75.8% |
Calgary |
472,522 |
395,067 |
19.6% |
476,711 |
405,778 |
17.5% |
293,167 |
245,844 |
19.2% |
Edmonton |
370,000 |
286,857 |
29.0% |
397,857 |
316,429 |
25.7% |
266,667 |
200,433 |
33.0% |
Vancouver |
787,500 |
704,250 |
11.8% |
879,000 |
794,000 |
10.7% |
419,750 |
366,250 |
14.6% |
Victoria |
400,000 |
375,000 |
6.7% |
440,000 |
403,000 |
9.2% |
270,000 |
229,000 |
17.9% |
National |
340,941 |
298,368 |
14.3% |
407,613 |
359,464 |
13.4% |
241,818 |
209,075 |
15.7% |
|
Source: Royal LePage September 2007 |
|
|