RPS House Price Index

Smarter Housing Market Intelligence for Informed Decisions

Trusted by leading institutions to measure market shifts, manage risk, and drive smarter housing and lending strategies.

National HPI

330.29

Estimated national value

$781,080

National HPI yoy change

-3%

Get Deeper Insight Into Canada’s Housing Market

The Enterprise version of the RPS House Price Index delivers a comprehensive, localized view of housing markets across Canada. It provides city and FSA-level data across the five core property types, helping you pinpoint where home value gains are rising, and where market conditions are cooling.

To access the full dataset and subscription options, talk to your RPS Account Executive.

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About the RPS House Price Index

The RPS-Wahi Home Price Index is the most comprehensive source for house price data in Canada and includes the median house price dollar values and extensive additional data by property type from a national to the local level. For more information, the complete methodology is available.

Long-Term Price Trends

The RPS-Wahi House Price Index is based on the latest monthly actual home values in 1,000 towns and cities across the country.



The index shows how property values have changed over time, relative to a base period (Jan. 2005 = 100). An HPI value of 300 means property values have tripled (on a smoothed, adjusted basis) since 2005.



The HPI does not indicate the actual price of a property. It demonstrates how prices have moved relative to the base period.

See our methodology here >

Market Momentum

A rising index indicates an upward price trend. A falling index suggests price softening or correction. Since the HPI smooths noise and filters out outliers, it gives a more stable, reliable picture of pricing trends than monthly medians.
 
The HPI is based on an up-to-six-month rolling average, so it does not reflect short-term volatility, such as one-off surges in prices from luxury sales. All figures are rounded to the nearest whole number.