Canadian Real Estate Stats:
The national average house price for homes sold in February 2018 was just over $494,000, down five per cent from a year earlier. If we exclude Toronto and Vancouver, the national average price was just under $382,000, up 3.3 per cent from a year ago.
Analyzing Single Detached Home Prices in the three most expensive markets:
The Home Price Index benchmark value for a single detached family home in March was $1,608,500
The average house price of a single detached home in March 2018 was $784,558
The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in March 2018 was $859,400.