News Release
RPS-Wahi House Price Index Shows Canadian Home Prices Up 3%
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TORONTO, ONT. —April 14, 2025 — Wahi, a leading Canadian real estate platform, and Real Property Solutions (RPS), Canada’s foremost provider of property valuation services, today released their monthly home price index for March.
Home prices are evolving in Canada against a backdrop of international trade conflicts that have fueled domestic uncertainty.The RPS-Wahi House Price Index, Canada’s most comprehensive measure of home price movement, rose 3% year-over-year in March, though national growth was dampened by flat prices in Toronto and a dip in Vancouver. Highlights from the March report include:
- At the national level, the RPS-Wahi House Price Index increased by 3% on a year-over-year basis, according to Wahi, RPS’s official partner in presenting the index. That represents a small retreat compared to February, when the index was up 4% annually.
- Single-family detached homes led the market, with a 5% year-over-year price increase. Semi-detached and row/townhouses increased by 2% and 3%, respectively, whereas condos/apartments dropped by 5%.
- Regionally, Quebec City posted the strongest performance, with a 16% annual increase, followed by Montreal and Saskatoon (9% each). In contrast, Toronto and Vancouver saw flat or declining prices, (0% and -1%, respectively)
- You can access the full RPS-Wahi House Price Index report for March, including detailed charts, here.
Benjy Katchen, President and CEO of RPS-Wahi, is available for comment.
The RPS-Wahi HousePrice Index data covers 1,000+ cities and towns across Canada, making it one of the most current and comprehensive indicators available. It includes the median house price dollar values and extensive additional data by property type from a national to the local level.
About Real Property Solutions
RPS is a leading national appraisal management company in Canada with a network of over 3,500 appraisers providing property valuation services to major financial institutions across the country. RPS is also the foremost provider of residential data solution services including the RPS House Price Index, RPS Automated Valuation Model (AVM), Portfolio Valuation Services, and the Collateral Assessment Review (CAR).
About Wahi
Wahi is a digital real estate platform that redefines he homebuying experience by putting more power into consumers’ hands by combining cutting-edge tech and market data with expert REALTORS®.
News Media Contacts:
Kristin Doucet
Wahi
Tel: 877-207-4273