New Housing Construction
Absorbed Unit Prices ($)

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Canada — Average, Median and Price Percentiles for Absorbed Homeowner and Condominium Units by Provinces (in Census Metropolitan Areas and Census Agglomerations with at least 50,000 people) 1

  1st 20% 2nd 40% 3rd 60% 4th 80% Median Average Units
Canada 525,000 650,000 850,000 1,200,000 735,000 951,748 4,013
Newfoundland and Labrador 437,000 450,000 495,000 523,000 462,500 459,379 46
Prince Edward Island ** ** ** ** ** 500,000 8
Nova Scotia 430,000 615,000 700,000 900,000 650,000 714,633 80
New Brunswick ** ** ** ** ** 519,060 42
Quebec 410,000 480,000 570,000 675,000 505,000 570,569 345
Ontario 625,000 885,000 1,079,000 1,320,000 962,500 1,096,897 1,192
Manitoba 450,000 490,000 569,000 650,000 535,000 566,348 157
Saskatchewan 450,000 500,000 577,000 650,000 540,000 556,641 126
Alberta 540,000 620,000 705,000 850,000 655,000 726,524 1,367
British Columbia 881,000 1,150,000 1,516,000 2,200,000 1,337,500 1,632,890 650
Source: CMHC Market Absorption Survey (opens in new window)