Tracking new condominium apartment prices across Canada
Canada’s condo market has been making headlines in recent months. While we don’t track the resale market of existing condos, we do measure changes over time in developers’ selling prices of units of new condominium apartment buildings through our quarterly New Condominium Apartment Price Index. The most recent data show that new condo prices were at or near record highs in the second quarter of 2025 in Montréal, Ottawa and Edmonton, while in Toronto, Vancouver and Victoria, prices remained below the record highs of 2022.