Categorized | Housing Bubble

Canada Housing Bubble Price Statistics

City Peak Month Peak Price Current Price Decline from Peak
Vancouver Feb 2012 $1,235,244
(REBGV average via
yattermatters.com)*
$1,041,325
(July 2012)
15.7% – $194,000
Victoria June 2010 $649,280
(VREB average)
$580,557
(July 2012)
7.0% – $45,100 §
Edmonton May 2007 $424,572
(EREB average)
$384,417
(July 2012)
9.5% – $40,200
Calgary June 2007 $464,500**
(CREB benchmark)
$419,800
(July 2012)
9.6% – $44,800
Halifax April-June 2011 $262,452
(NSAR average)
$254,504
(July-Sept 2011)
3.0% – $8,000
Ottawa April 2012 $385,660
(OREB average)
$358,018
(July 2012)
2.5% – $9,600 §
Montreal June 2012 $280,000
(GMREB median)
$280,000
(June 2012)
0%
Kitchner-Waterloo April 2012 $288,000
(KWAR K-W median)
$280,100
(July 2012)
2.7% – $7,900

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