Price/Rent Ratio in Canada compared to North America
Canada: Price/rent ratio
This ratio is typically used for measuring undervaluation/overvaluation of real estate prices, calculated by dividing the gross rental yield by 100 so the higher the yield, the lower the price/rent ratio.
When wereas theise data collected? Click on individual countries to see the data collection date.
Canada has some of the best housing data in the world. National Bank releases a monthly house price index composite of 11 cities. The Canadian Mortgage and Housing Corporation (CMHC) has statistics on house prices, housing construction activities and rent. CMHC's Housing Market Outlook and Rental Reports summarize this data. The Canadian Real Estate Association (CREA) produces forecasts of house sales activities and has statistics on median house prices (MLS). Scotia Bank reviews current developments in the real estate market.
General economics statistics are available from the Reserve Bank of Canada. There are also weekly updates of economic trends from the Bank of Scotia.