April 28, 2014

Canadian Average Home Prices for March 2014

And just like that the first quarter of the year is finished for Canadian real estate! How does the price of your home stack up to those of your city, province or the national average? Check out the breakdown for Canadian average home prices for March 2014.

The Zoocasa team has compiled the average home prices from CREA from all of the provinces and two of the territories, as well as highlighted key cities for the month of March. Check out the interesting figures below:

• The national average home price has slightly decreased to $401K compared to the prior month at $406K, but experienced an increase compared to $378K of the same time last year.
• Month-on-month increases were experienced in the Saskatchewan, Manitoba and Ontario.
• The three provinces that have the lowest average home prices are New Brunswick, Prince Edward Island and Nova Scotia.
• The three provinces that had the highest average home prices are British Columbia, Ontario and Alberta.

Want to know what the numbers were for last month? Check out the previous edition of this infographic for February here.