January 2023

Canadian home prices wrap up 2022 down slightly over previous year, but remain above pre-pandemic levels

Posted on Jan 16, 2023 in Market Trends




For the first time in more than a decade, the aggregate price of a home in Canada posted a year-over-year decline in the fourth quarter of 2022. According to the Royal LePage House Price Survey, the aggregate price of a home in Canada decreased 2.8% year-over-year to $757,100 in the final quarter of 2022; the first year-over-year decline recorded s...

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