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House price growth in Canada

Are homes there getting further out of reach right now?

Canada's house price growth is -6.81 % #2 of 54 countries on the atlas (lower is better). Period 2026-Q1.

-6.81%

Checked 22 Sept 2026Period 2026-Q1

Source: BIS residential property prices

Real house prices in Canada fell 6.8 % over the past year, adjusted for inflation.

House price growth in Canada over time

18.54 %-0.52 %-19.58 %18.54 % · Q1 2022-19.58 % · Q1 2023Q2 2006: 9.14 %Q3 2006: 11.05 %Q4 2006: 10.64 %Q1 2007: 9.44 %Q2 2007: 8.62 %Q3 2007: 8.17 %Q4 2007: 7.65 %Q1 2008: 6.50 %Q2 2008: 2.32 %Q3 2008: -2.80 %Q4 2008: -5.58 %Q1 2009: -9.25 %Q2 2009: -6.71 %Q3 2009: -0.65 %Q4 2009: 4.67 %Q1 2010: 10.54 %Q2 2010: 10.19 %Q3 2010: 4.90 %Q4 2010: 1.14 %Q1 2011: 0.35 %Q2 2011: 1.21 %Q3 2011: 4.13 %Q4 2011: 4.95 %Q1 2012: 4.91 %Q2 2012: 4.25 %Q3 2012: 2.23 %Q4 2012: 1.12 %Q1 2013: -0.06 %Q2 2013: 0.13 %Q3 2013: 1.29 %Q4 2013: 3.10 %Q1 2014: 3.74 %Q2 2014: 3.16 %Q3 2014: 3.34 %Q4 2014: 3.54 %Q1 2015: 5.03 %Q2 2015: 6.32 %Q3 2015: 7.33 %Q4 2015: 7.98 %Q1 2016: 10.42 %Q2 2016: 13.55 %Q3 2016: 15.16 %Q4 2016: 14.47 %Q1 2017: 15.43 %Q2 2017: 15.34 %Q3 2017: 13.40 %Q4 2017: 11.87 %Q1 2018: 5.28 %Q2 2018: 0.66 %Q3 2018: -0.80 %Q4 2018: -0.26 %Q1 2019: -1.01 %Q2 2019: -1.91 %Q3 2019: -1.71 %Q4 2019: -0.44 %Q1 2020: 2.41 %Q2 2020: 5.65 %Q3 2020: 6.62 %Q4 2020: 7.52 %Q1 2021: 7.20 %Q2 2021: 9.79 %Q3 2021: 9.90 %Q4 2021: 8.79 %Q1 2022: 18.54 %Q2 2022: 6.52 %Q3 2022: -4.83 %Q4 2022: -10.63 %Q1 2023: -19.58 %Q2 2023: -11.95 %Q3 2023: -3.86 %Q4 2023: -2.69 %Q1 2024: -2.06 %Q2 2024: -5.36 %Q3 2024: -5.94 %Q4 2024: -3.64 %Q1 2025: -3.69 %Q2 2025: -4.60 %Q3 2025: -5.07 %Q4 2025: -5.51 %Q1 2026: -6.81 %Q2 2006Q1 2016Q1 2026-6.81 %
80 official observations, Q2 2006Q1 2026. Every point is a published value — never interpolated.
Rank
#2 of 54
lower is better
Ranked behind
96 %
52 of 54 countries
Latest move
▼ 1.30 pp
since Q4 2025
Year on year
▼ 3.12 pp
over 12 months
Below its peak
25.35 pp
peak 18.54 % in Q1 2022
Full series
▼ 15.95 pp
since Q2 2006

vs median 2.49 %: −9.29 pp (better)

Among 54 countries

2 of 54 countries between -6.81 % and -6.11 %1 of 54 countries between -4.01 % and -3.31 %4 of 54 countries between -3.31 % and -2.62 %3 of 54 countries between -2.62 % and -1.92 %2 of 54 countries between -1.92 % and -1.22 %2 of 54 countries between -1.22 % and -0.52 %3 of 54 countries between -0.52 % and 0.18 %5 of 54 countries between 0.18 % and 0.88 %3 of 54 countries between 1.58 % and 2.28 %5 of 54 countries between 2.28 % and 2.97 %2 of 54 countries between 2.97 % and 3.67 %3 of 54 countries between 3.67 % and 4.37 %2 of 54 countries between 4.37 % and 5.07 %2 of 54 countries between 5.07 % and 5.77 %1 of 54 countries between 5.77 % and 6.47 %3 of 54 countries between 6.47 % and 7.17 %4 of 54 countries between 7.17 % and 7.86 %2 of 54 countries between 7.86 % and 8.56 %5 of 54 countries between 9.26 % and 9.96 %median 2.40 %Canada: ahead of 96 % of the 54 countries with a published house price growthCanada -6.81 %-6.81 %9.96 %
Half of all 54 countries sit between -0.52 % and 6.20 %. Canada is ahead of 96 % of them. Axis trimmed to the 2nd–98th percentile; 3 values beyond it sit in the end bars.

The neighbourhood

#CountryHouse price growthvs Canada
1 China-7.07 %−0.27 pp
2 Canada-6.81 %
3 New Zealand-3.72 %+3.09 pp
4 Turkey-3.28 %+3.52 pp
5 Israel-3.22 %+3.59 pp

Real year-on-year change in residential property prices (BIS). Framed for buyers — slower growth is greener; homeowners may read it the other way.

How to read this figure

Real year-on-year change in residential property prices from the BIS — inflation-adjusted, so it shows whether homes beat or trailed prices in general. Base-independent, which is what makes ~60 countries honestly comparable in one ranking. The colour scale takes the buyer’s side (slower growth = greener); an existing owner may read it the opposite way.

House price growth, all countries ranked →Compare Canada with another country →Everything about Canada
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