Average Value of Dwelling, 2001 (by census subdivision)

The average value of a dwelling in Canada was $162 709 according to the 2001 Census, compared to the 1996 Census average of $147 877, an increase of 10%. All provinces and territories have experienced a rise in housing values, particularly in Alberta and Ontario, markedly in Calgary, Ottawa and Toronto. The value of a dwelling is the dollar amount expected by the owner if the dwelling were to be sold and the average value pertains only to owner-occupied private dwellings, which do not include dwellings situated on farms, but can include owner-occupied dwellings situated on rented or leased land or part of a condominium. The map shows the average value of owner occupied dwellings by census subdivision.