Total New Housing Starts (Seasonable adjusted and annualized)
| Province | August 2009 |
August 2008 |
September 2009 |
September 2008 |
October 2009 |
October 2008 |
| Newfoundland/Labrador | 2,400 | 3,100 | 2,800 | 3,200 | 2,900 | 3,100 |
| PEI | 1,000 | 700 | 700 | 500 | 1,200 | 600 |
| Nova Scotia | 4,200 | 3,300 | 4,500 | 4,400 | 4,000 | 4,300 |
| New Brunswick | 3,700 | 3,800 | 2,900 | 4,500 | 3,600 | 5,000 |
| Quebec | 47,300 | 43,300 | 41,300 | 70,100 | 37,200 | 48,400 |
| Ontario | 44,200 | 89,800 | 50,200 | 84,200 | 57,600 | 82,600 |
| Manitoba | 5,000 | 5,400 | 4,400 | 5,600 | 4,200 | 5,800 |
| Saskatchewan | 5,100 | 5,300 | 3,700 | 6,400 | 3,600 | 4,900 |
| Alberta | 18,400 | 22,900 | 22,600 | 57,300 | 25,000 | 24,700 |
| British Columbia | 19,200 | 33,500 | 16,200 | 43,900 | 18,200 | 32,300 |
| Canada | 150,500 | 211,100 | 149,300 | 281,300 | 157,400 | 211,800 |
Source: CMHC Housing Now November 2009 and November 2008.
This seasonally adjusted data goes through stages of revision at different times of the year.
Average MLS resale price for local markets
| City | October 2008 | October 2009 |
| Halifax | $224,607 | $235,465 |
| Saint John, NB | $151,709 | $178,632 |
| Quebec | $198,357 | $219,719 |
| Montreal | $257,242 | $284,024 |
| Ottawa | $280,870 | $320,561 |
| Toronto | $353,018 | $403,507 |
| Hamilton/Burlington | $254,004 | $296,253 |
| Winnipeg | $190,374 | $210,618 |
| Saskatoon | $285,310 | $274,759 |
| Calgary | $388,565 | $399,679 |
| Edmonton | $317,744 | $318,969 |
| Vancouver | $556,682 | $638,948 |
| Victoria | $469,243 | $481,500 |
Source: Canadian Real Estate Association
Housing Affordability Index
Standard Two-Storey
| Average Price | Qualifying Income($) | Affordability Measure | |||||
| Region | Q3 2009 ($) |
Y/Y % ch. |
Q3 2009 |
Q3 2009 (%) |
Q/Q Ppt. ch. |
Y/Y Ppt. ch. |
Avg. since ’85 (%) |
| Canada | 344,100 | -0.3 | 79,100 | 45.8 | 1.2 | -5.8 | 43.3 |
| British Columbia | 557,400 | -1.2 | 113,600 | 67.6 | 2.9 | -8.5 | 53.7 |
| Alberta | 368,200 | -4.9 | 82,200 | 37.9 | 1.3 | -7.5 | 38.5 |
| Saskatchewan | 305,500 | -0.8 | 73,200 | 44.0 | 1.0 | -4.6 | 37.6 |
| Manitoba | 244,900 | 3.5 | 61,300 | 37.5 | 0.3 | -3.4 | 37.5 |
| Ontario | 362,100 | -0.3 | 85,300 | 45.2 | 1.0 | -5.8 | 44.0 |
| Quebec | 240,100 | 2.8 | 59,000 | 40.4 | 1.2 | -3.7 | 39.0 |
| Atlantic | 210,000 | 1.3 | 55,000 | 35.9 | 0.4 | -4.7 | 38.7 |
| Toronto | 522,600 | 0.2 | 115,300 | 57.8 | 1.9 | -7.5 | 53.7 |
| Montreal | 305,800 | 0.7 | 71,300 | 47.4 | 0.8 | -5.5 | 41.3 |
| Vancouver | 678,900 | -1.9 | 135,500 | 74.2 | 4.3 | -10.2 | 61.7 |
| Ottawa | 320,800 | 1.0 | 81,000 | 40.5 | 0.4 | -4.4 | 39.5 |
| Calgary | 414,600 | -4.7 | 88,100 | 38.5 | 2.0 | -8.1 | 40.0 |
| Edmonton | 365,300 | -2.6 | 83,100 | 38.9 | 0.9 | -6.7 | 36.8 |
Standard Condominium
| Average Price | Qualifying Income($) | Affordability Measure | |||||
| Region | Q3 2009 ($) |
Y/Y % ch. |
Q3 2009 |
Q3 2009 (%) |
Q/Q Ppt. ch. |
Y/Y Ppt. ch. |
Avg. since ’85 (%) |
| Canada | 205,700 | -1.0 | 47,600 | 27.6 | 0.5 | -3.6 | 26.9 |
| British Columbia | 275,600 | -0.3 | 57,100 | 34.0 | 1.2 | -3.9 | 28.0 |
| Alberta | 219,300 | -7.9 | 48,700 | 22.4 | 0.5 | -5.2 | 22.1 |
| Saskatchewan | 186,200 | -8.7 | 44,600 | 26.8 | 0.8 | -4.7 | 24.1 |
| Manitoba | 130,100 | 4.8 | 33,400 | 20.5 | 0.3 | -1.6 | 20.9 |
| Ontario | 217,200 | -0.9 | 51,800 | 27.4 | 0.5 | -3.6 | 27.9 |
| Quebec | 170,300 | 1.2 | 40,700 | 27.8 | 0.1 | -3.0 | 27.0 |
| Atlantic | 149,800 | 4.8 | 37,700 | 24.6 | 0.3 | -2.5 | 24.7 |
| Toronto | 292,700 | -1.5 | 65,400 | 32.8 | 1.0 | -4.7 | 31.2 |
| Montreal | 204,500 | 3.9 | 47,100 | 31.3 | 0.9 | -2.8 | 29.0 |
| Vancouver | 351,500 | 0.4 | 70,600 | 38.7 | 1.7 | -4.4 | 31.4 |
| Ottawa | 209,000 | 1.3 | 51,600 | 25.8 | 0.3 | -2.8 | 23.6 |
| Calgary | 249,500 | -7.3 | 52,700 | 23.0 | 0.3 | -5.5 | 22.8 |
| Edmonton | 206,000 | -6.8 | 46,800 | 21.9 | 0.5 | -4.7 | 18.1 |
Source: RBC Financial Group Housing Affordability Index, November 2009. Index based on a 25% down payment and a 25 year mortgage loan at a five year fixed rate. The higher the index, the more difficult it is to afford a home. An affordability index of 50 means that homeownership costs including mortgage payments, utilities and property taxes take up half of a typical household’s monthly pre-tax income.
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