Home Prices in Canada – Then vs Now

Canada’s housing market has seen a dramatic transformation over the past several decades. What was once a relatively stable and attainable part of the Canadian dream has evolved into a highly competitive and, for many, inaccessible sector.

Comparing home prices “then” to “now” reveals far more than just numbers—it unveils how factors like interest rates, wage growth, government policy, population changes, and market psychology have all contributed to a housing environment that feels fundamentally different.


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David Pipe

David Pipe helps business owners, investors, and first-time homebuyers build and protect family wealth with creative financing and tax-efficient life insurance solutions. He is an award-winning mortgage agent and life insurance agent in Ontario. David believes education in personal finance and seeking great advice is the best way to reach our financial goals, and he is focused on sharing his knowledge with others. He lives in Guelph, Ontario with his wife Kate Pipe and their triplets (and english bulldog Myrtle).

https://www.wealthtrack.ca/about#about-david-pipe
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How Young Canadians Afford a Home in 2025