New market intelligence from Statistics Canada
Thursday, November 2, 2023
Statistics Canada is developing a new quarterly housing market intelligence report that’ll:
- aid builders/developers to make better decisions;
- raise awareness about the industry; and
- help policymakers adapt quickly to changing housing needs.
The quarterly report will focus on data about Canadian cities and include:
- city, provincial and national level housing analysis and comparisons;
- high-growth neighbourhoods
- new housing data – sales, listings, spec homes count, development count;
- data linking house prices to permits, starts and completions;
- data on the impact of mortgage rates, immigration, population and other factors on the housing market;
- lot size, living area;
- average prices, prices per sq. ft; and
- what’s selling – stacked townhomes, units with four bedrooms or dens.
Connect with Statistics Canada to hear more about this initiative: rohit.verma@statcan.gc.ca.