Market Update

 

Nationwide Building Permits - December 2008
Residential $2,641,688,000
Commercial $1,990,391,000
Total $4,632,079,000
Source: Stats Canada - preliminary figures
Average House Prices by Province Dec 2008 Dec 2007 Dec 2006
National $281,110 $317,825 $278,971
Yukon $201,794 $314,450 $163,900
Northwest Territories $362,363 $310,857 $310,813
British Columbia $429,210 $457,865 $401,063
Alberta $328,082 $354,290 $321,167
Saskatchewan $220,351 $200,285 $146,165
Manitoba $180,403 $169,377 $156,879
Ontario $280,049 $317,346 $272,333
Quebec $213,043 $220,289 $202,277
New Brunswick $141,648 $164,160 $126,599
Prince Edward Island $161,050 $137,170 $127,823
Nova Scotia $181,945 $172,014 $165,007
Newfoundland $205,805 $163,276 $141,632
Source: CREA
Average House Prices by City Dec 2008 Dec 2007 Dec 2006
Yellowknife $362,363 $310,857 $310,813
Vancouver $560,953 $566,192 $519,421
Victoria $444,222 $492,691 $502,447
Edmonton $310,974 $329,705 $294,155
Calgary $362,557 $400,139 $361,611
Saskatoon $266,411 $255,271 $175,302
Regina $227,818 $200,407 $136,765
Toronto $361,284 $394,931 $336,217
Hamilton-Burlington $240,073 $261,728 $248,046
Ottawa-Carleton $272,672 $276,839 $249,196
Quebec City $200,134 $174,768 $148,989
Montreal $267,045 $242,485 $223,416
Fredericton $139,265 $142,585 $136,559
Saint John $156,923 $135,193 $127,556
Halifax-Dartmouth $234,063 $209,156 $205,804
Winnipeg $182,814 n/a n/a

Source: CREA

I hope you find this information useful.  Thanks for stopping by.

Constantine Isslamow

Broker/Manager

 

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