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All (5) ((5 results))
- Data Visualization: 71-607-X2019014Description:
This interactive dashboard provides access to current and historical data for the Residential Property Price Index (RPPI), and its sub-components (new and resale houses and condominium apartments) for the census metropolitan areas (CMA) of Montréal, Ottawa, Toronto, Calgary, Vancouver, Victoria and a 6 CMA composite, in a dynamic and customizable format. It allows users to view the index series, quarter-over-quarter and year-over-year percent changes, as well as the largest increases and decreases for the current period. Additionally, users can also view percent changes by weight and geography. This web-based application is updated quarterly.
Release date: 2022-02-07 - Stats in brief: 45-28-0001202000100053Description:
This article examines key housing markets in Canada prior to COVID-19 and offers an outlook of the impacts of the pandemic on the real estate market over the next few months. Price trends for four property types, such as new houses, new condominiums, resale houses and resale condominiums are explored. Prior to COVID-19, the price of condominium apartments increased at a faster pace than singles, semi-detached and row homes. The global pandemic may cause a shift of preferences for larger homes instead of condominiums as future home buyers may prefer larger homes in the suburbs as working from home becomes more prevalent.
Release date: 2020-07-21 - 3. The Impact of COVID-19 on Key Housing Markets ArchivedStats in brief: 11-627-M2020050Description:
This infographic examines key housing markets in Canada prior to COVID-19 and offers an outlook of the impacts of the pandemic on the real estate market over the next few months. Price trends for four property types, such as new houses, new condominiums, resale houses and resale condominiums are explored. Prior to COVID-19, the price of condominium apartments increased at a faster pace than single, semi-detached and row homes. Since the beginning of the pandemic, many changes have been impacting the real estate industry, from virtual tours to a change in preference towards larger homes in the suburb. We offer an outlook of the impact of those new realities on the real estate market going forward.
Release date: 2020-07-21 - Stats in brief: 11-627-M2019059Description:
The Residential Property Price Index (RPPI) measures the price change for new and resale houses and condominium apartments and brings these sectors together into one single aggregated price indicator. This infographic includes key statistics and illustrates market trends in the residential real estate market.
Release date: 2019-11-14 - 5. The Impact on the CPI of Not Surveying House Prices in Rural Regions: A Sensitivity Analysis ArchivedArticles and reports: 62F0014M1997008Geography: Province or territoryDescription:
In light of a recent change in population coverage, this study was initiated to determine whether the integrity of the Consumer Price Index (CPI) should be questioned on the grounds that it does not explicitly take into account rural house price movements. An attempt is made here to quantify the potential impact, using various regimes of artificial data to represent house price movements for rural regions. The regimes were manufactured in a way that allowed the analysis of differences between urban and rural regions in terms of the evolution of house prices, as well as differences in their cumulative price index levels. Three provinces were considered: Newfoundland, Saskatchewan, and British Columbia, all of which have large rural populations. The study results were monthly indexes for the time period, January 1986 to December 1994. The general conclusion was that house prices in rural regions would have to move very differently from those in urban regions to affect the overall level of the CPI. However, in the case of lower-level aggregates the failure to include rural house prices could be having an important effect. In addition, even when cumulative house price movements for rural and urban regions are similar, differences in their evolution tend to have an effect on the trend of the CPI, especially in the case of lower-level aggregates. While it is tempting to conclude that the current CPI methodology is robust enough to apply to the expanded population, this would be based purely on conjecture about the nature of movements in rural house prices. Hence, a second phase of this study will be initiated, whose purpose will be to develop a methodology to construct price indexes for rural regions.
Release date: 1999-05-13
Data (1)
Data (1) ((1 result))
- Data Visualization: 71-607-X2019014Description:
This interactive dashboard provides access to current and historical data for the Residential Property Price Index (RPPI), and its sub-components (new and resale houses and condominium apartments) for the census metropolitan areas (CMA) of Montréal, Ottawa, Toronto, Calgary, Vancouver, Victoria and a 6 CMA composite, in a dynamic and customizable format. It allows users to view the index series, quarter-over-quarter and year-over-year percent changes, as well as the largest increases and decreases for the current period. Additionally, users can also view percent changes by weight and geography. This web-based application is updated quarterly.
Release date: 2022-02-07
Analysis (4)
Analysis (4) ((4 results))
- Stats in brief: 45-28-0001202000100053Description:
This article examines key housing markets in Canada prior to COVID-19 and offers an outlook of the impacts of the pandemic on the real estate market over the next few months. Price trends for four property types, such as new houses, new condominiums, resale houses and resale condominiums are explored. Prior to COVID-19, the price of condominium apartments increased at a faster pace than singles, semi-detached and row homes. The global pandemic may cause a shift of preferences for larger homes instead of condominiums as future home buyers may prefer larger homes in the suburbs as working from home becomes more prevalent.
Release date: 2020-07-21 - 2. The Impact of COVID-19 on Key Housing Markets ArchivedStats in brief: 11-627-M2020050Description:
This infographic examines key housing markets in Canada prior to COVID-19 and offers an outlook of the impacts of the pandemic on the real estate market over the next few months. Price trends for four property types, such as new houses, new condominiums, resale houses and resale condominiums are explored. Prior to COVID-19, the price of condominium apartments increased at a faster pace than single, semi-detached and row homes. Since the beginning of the pandemic, many changes have been impacting the real estate industry, from virtual tours to a change in preference towards larger homes in the suburb. We offer an outlook of the impact of those new realities on the real estate market going forward.
Release date: 2020-07-21 - Stats in brief: 11-627-M2019059Description:
The Residential Property Price Index (RPPI) measures the price change for new and resale houses and condominium apartments and brings these sectors together into one single aggregated price indicator. This infographic includes key statistics and illustrates market trends in the residential real estate market.
Release date: 2019-11-14 - 4. The Impact on the CPI of Not Surveying House Prices in Rural Regions: A Sensitivity Analysis ArchivedArticles and reports: 62F0014M1997008Geography: Province or territoryDescription:
In light of a recent change in population coverage, this study was initiated to determine whether the integrity of the Consumer Price Index (CPI) should be questioned on the grounds that it does not explicitly take into account rural house price movements. An attempt is made here to quantify the potential impact, using various regimes of artificial data to represent house price movements for rural regions. The regimes were manufactured in a way that allowed the analysis of differences between urban and rural regions in terms of the evolution of house prices, as well as differences in their cumulative price index levels. Three provinces were considered: Newfoundland, Saskatchewan, and British Columbia, all of which have large rural populations. The study results were monthly indexes for the time period, January 1986 to December 1994. The general conclusion was that house prices in rural regions would have to move very differently from those in urban regions to affect the overall level of the CPI. However, in the case of lower-level aggregates the failure to include rural house prices could be having an important effect. In addition, even when cumulative house price movements for rural and urban regions are similar, differences in their evolution tend to have an effect on the trend of the CPI, especially in the case of lower-level aggregates. While it is tempting to conclude that the current CPI methodology is robust enough to apply to the expanded population, this would be based purely on conjecture about the nature of movements in rural house prices. Hence, a second phase of this study will be initiated, whose purpose will be to develop a methodology to construct price indexes for rural regions.
Release date: 1999-05-13
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