Century 21 Masters Expands Reach to More Alberta Communities

January 2024, Edmonton – Century 21 Masters is proud to announce its expansion as a brokerage with offices strategically located in Edmonton, Calgary, Airdrie, Drumheller, Strathmore, Stony Plain, and St. Albert. These locations enable the brokerage to provide exceptional real estate services to the majority of Albertans, reaching out from the province’s key population centers to over 50 outlying communities.
A Legacy of Leadership and Collaboration
The leadership of Century 21 Masters brings a wealth of experience and vision to this expansion. James Mabey and Geneva Tetreault, whose roots in ownership date back to 2004, are joined in by Bob Sheddy, who became part of the ownership and leadership team in 2024 (previously co-owner of Century 21 PowerRealty.ca which has been with the brand since 1980). Together, they are setting a new standard for what a traditional franchise brokerage can achieve.
“The goal of creating a brokerage that serves the majority of Albertans is not a new one, but we’re excited to bring this enhanced value proposition to agents,” said Geneva Tetreault. “We found that agents across Alberta wanted to join Century 21 Masters, not because of a physical office in their community, but because of the cohesive culture we’ve built—focused on education and excellence.”
A New Era in Real Estate
James Mabey, who is also currently the 2024/25 Chair of the Canadian Real Estate Association, shared his excitement about the direction of the brokerage. “Our goal has never been to be the biggest brokerage, but rather to measure success by the quality of the people we attract and retain. This expansion is a testament to the incredible agents who share our vision.”
Bob Sheddy reflected that the decision was an easy one and emphasized the organic growth in collaboration and referrals among agents. “Over the past 15 months, we’ve seen over $100,000 in referral business to the Agents which is directly attributed to the networking and camaraderie within our team and allows them to provide seamless assistance for their clients’ real estate needs. These connections have only strengthened as we move forward with this merger.”
Century 21 Canada Supports the Vision
Century 21 Canada’s Vice President, Todd Shyiak, shared his thoughts on this milestone: “This expansion demonstrates the innovation and leadership that Century 21 Masters embodies. Their commitment to fostering a culture of excellence and collaboration is exactly what the Century 21 brand stands for.”
Looking Ahead
With over 180 agents serving communities across Alberta, Century 21 Masters is poised to redefine what a franchise brokerage can achieve. This expansion marks the beginning of an exciting chapter, with an unwavering commitment to client satisfaction and agent success. The Company is excited about the growth and continues to focus on having an exceptional group of agents who offer a high level of service and strive for greatness in the moment.
Price Per Square Foot Survey 2024

Canadian home prices largely stable, with some smaller communities, ‘burbs, and AB seeing increases
Annual Price per Square Foot survey looks at prices back to 2018 for almost 50 communities
Vancouver (July 22, 2024) – Canadian housing prices per square foot generally held steady in the first half of this year, with some notable exceptions indicating families continue to migrate to more affordable communities both nearby and across provincial borders.
CENTURY 21 Canada’s eighth annual Price per Square Foot survey compares the price per square foot of properties sold in almost 50 communities between January 1 and June 30 this year to the same period of previous years. In many cases it has data going back to 2018 for both metro centers and smaller communities.
The report reveals that prices in Ontario, BC, and Atlantic Canada remained largely steady this year, with gains in some smaller markets and suburbs while downtown condo prices declined indicating continued migration away from metro cores. Alberta bucked the trend with significant price increases in a number of markets including Calgary and Edmonton – but to prices per square foot still well below those in BC, Quebec, and Ontario. The Prairies also saw price increases, but at a more modest pace.
Major city condo markets outside of Alberta all saw modest dips in price per square foot, while those in Alberta rose – by more than 17 per cent in Calgary and almost 10 per cent in Edmonton. Condo prices in High River topped the increases at more than 22 per cent, but to a relatively affordable $285 a square foot. That compares to $421 in Calgary (up 17.6 per cent), $1,113 in downtown Vancouver (down 1.7 per cent), $706 in downtown Toronto (down 4.5 per cent), and $672 in downtown Montreal (down 11.9 per cent). Vancouver continues to have the highest prices in Canada, while the Prairies and Atlantic Canada have the most affordable.
Looking back over the history of the survey, even with some declines over the last couple of years pricing has not fallen below 2021 levels in any included market. During COVID, 2021 saw significant price surges and set a new benchmark in markets coast-to-coast. For the most part, prices remain well above pre-COVID average.
Sales volumes across Canada have declined from the brisk market of 2021 and 2022, especially in larger cities.
“A number of our brokers are experiencing a slower market when compared to the conditions of just two years ago,” says Todd Shyiak, Executive Vice President of CENTURY 21 Canada. “While across the Prairies and Atlantic provinces the market is quite active and balanced, increasing inventory and hesitant buyers in the GTA and the lower mainland (Vancouver and area) are resulting in a ‘wait and see’ market. With the next possible rate cut coming on July 24th buyers may be extending their ‘wait and see’ approach until the fall.”
Shyiak says that inventory and interest rates will likely be major factors in prices going forward, as sellers may hold off on putting their homes on the market in response to a hesitant buyer base waiting for interest rates to fall.
“Ultimately, we don’t know what the next six months holds for our housing prices, but it’s important not to get too focused on any single year and look at each data point within the larger context of ever-evolving trends. That’s why this survey becomes more valuable year-over-year, because it allows us to see the big picture of Canadian housing.”
Regional highlights:
Atlantic Canada
Prices in Atlantic Canada have continued to see growth, but generally at a far more moderate pace compared to recent years. The sharp rise of Halifax condo prices seen in recent years stopped this year, with no change in price since last year. St. John’s, NL was an exception, with double-digit price growth continuing a steady upward trend that started in 2021. Moncton, NB also bucked this trend with a sharp 20 per cent rise in detached home prices, but to prices per square foot still among the lowest in Canada. Both are smaller markets feeling the boost of immigration both from abroad and within Canada. Along with the Prairies, Atlantic Canada continues to be the most affordable region in Canada, per square foot.
“We’re definitely feeling the change in the market, some areas of the region listing inventory is down while in others it is up. Prices are still trending up at various degrees and there are still families looking to make their home here,” says Joel Ives, Broker at CENTURY 21 Colonial Realty in Charlottetown. “I think we’re going to be able to weather these market conditions because we still have the advantage of affordability compared to the bigger markets.”
British Columbia
Though BC prices were stable overall for the first two-quarters of 2024 several Metro Vancouver suburbs saw price increases while Vancouver condo prices fell modestly, anecdotally due to families continuing to migrate from the city core to more affordable markets that offer more space. Vancouver east side houses went up almost 18 per cent in price to $977 per square foot, a rebound from a price decrease last year and well below the price per square foot of west side and downtown properties. West Vancouver, North Vancouver, Burnaby, Richmond, Delta, White Rock/South Surrey all saw increases this year as well – most of them modest, and a rebound from last year’s declines. Fraser Valley prices were stable.
In BC’s interior Kelowna’s market looks to have finally cooled after years of steady growth going back to 2019. Vernon is new to the report this year, with rates somewhat below those in Kelowna.
“A lot stayed the same this year, and it’s preferable to the alternative,” says CENTURY 21 Creekside owner Cameron Van Klei in Chilliwack. “We’re not seeing any signs of a huge turn, but it has been sluggish and we’re seeing the inevitable slowdown from the boom market of 2021.”
Quebec
After several years of sharp increases Montreal condo prices have declined by approximately 11 per cent. Conversely, detached homes have risen by a similar amount, which could tell a story of younger folks looking to upgrade to more space without moving out of the major metro area.
Ontario
Ontario was largely stable across the board, with the exception of a double-digit drop in Windsor detached house prices. That decrease follows a surge last year, returning the community to prices more in line with 2020 – 2022. The GTA saw little change, with the Toronto downtown condo market dipping by roughly 4.5 per cent. This drop builds on a sharp decline last year.
Sault Ste. Marie is new to the survey this year, and has the lowest PPSF for both condos and detached homes in the province. “We’re excited to see where the results of his survey take us,” says CENTURY 21 Choice Realty owner James Caicco in Sault Ste. Marie. “Our community is growing quickly and we’re sure that year-over-year trends will show just how many people have chosen to make Sault Ste. Marie their home.
Prairies
Overall, prices in the prairies were up in the single digits. Condo prices rose as the larger cities in the region continue to grow, with Regina condos seeing the largest gain at 16 per cent with smaller gains throughout the rest of the province. Only Brandon condos trended downwards, but at a very modest 0.85 per cent. Prairie prices remain among the most affordable in Canada.
Alberta
Alberta bucked the national trend, with prices increasing briskly in numerous markets. Even with the increases Alberta prices remain well below those in neighboring BC, as well as Ontario and Quebec. The price increases tell a story of migration – Canadians moving to Alberta, in particular smaller communities where property prices remain moderate. Calgary prices continue to grow, with young professionals pushing condo prices up 17 per cent from last year.
CENTURY 21 Canada’s annual survey of data on the price per square foot (PPSF) of properties gathers and compares sales data from its franchises across Canada from January 1 to June 30 of each year. By looking at the price per square foot at the same time each year the firm is able to get a good idea of how prices have changed over time for similar properties. This year’s survey compares 2023 prices with this year’s results.
Price Per Square Foot Survey Results 2024
ALBERTA | HOUSE TYPE | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | % Change from 2023 |
Calgary | House | $341 | $325 | $320 | $355 | $396 | $419 | $470 | 12.17% |
Calgary | Condo | $329 | $317 | $296 | $303 | $326 | $358 | $421 | 17.60% |
Edmonton | Detached House | $288 | $272 | $268 | $284 | $297 | $309 | $317 | 2.59% |
Edmonton | Duplex | $275 | $256 | $250 | $270 | $287 | $292 | $303 | 3.77% |
Edmonton | Condo | $231 | $220 | $206 | $217 | $222 | $204 | $224 | 9.80% |
High River | Detached House | $193 | $215 | $237 | $271 | $307 | $334 | $382 | 14.37% |
High River | Condo | N/A | $241 | $173 | $176 | $223 | $233 | $285 | 22.32% |
Okotoks | Detached House | N/A | $238 | $254 | $283 | $338 | $362 | $394 | 8.84% |
Okotoks | Condo | N/A | $254 | $211 | $219 | $251 | $288 | $323 | 12.15% |
Red Deer | Detached House | $276 | $262 | $252 | $289 | $293 | $294 | $325 | 10.54% |
Red Deer | Townhouse | N/A | N/A | N/A | $207 | $214 | $226 | $222 | -1.77% |
St. Albert | Detached House | $287 | $271 | $269 | $289 | $322 | $317 | $322 | 1.58% |
St. Albert | Condo | $239 | $223 | $211 | $251 | $238 | $259 | $255 | -1.54% |
St. Albert | Duplex | $262 | $272 | $278 | $280 | $325 | $347 | $301 | -13.26% |
BRITISH COLUMBIA | HOUSE TYPE | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | % Change from 2023 |
Chilliwack | Detached House | $297 | $294 | $288 | $406 | $515 | $419 | $427 | 1.91% |
Chilliwack | Townhouse | $267 | $249 | $250 | $318 | $425 | $359 | $379 | 5.57% |
Chilliwack | Condo/ Apartment | $283 | $290 | $270 | $351 | $473 | $443 | $437 | -1.35% |
Kelowna | Detached House | $283 | $274 | $280 | $368 | $463 | $413 | $417 | 0.97% |
Kelowna | Half Duplex | $247 | $260 | $263 | $320 | $402 | $362 | $393 | 8.56% |
Kelowna | Townhouse | $292 | $287 | $302 | $365 | $452 | $422 | $422 | 0.00% |
Kelowna | Apartment | $345 | $348 | $334 | $411 | $526 | $491 | $482 | -1.83% |
Vancouver | Detached House | $856 | $769 | $816 | $975 | $1,177 | $978 | $890 | -9.00% |
Vancouver, Downtown | Condo | $856 | $769 | $1,060 | $1,053 | $1,133 | $1,132 | $1,113 | -1.68% |
Vancouver, East side | Detached House | $721 | $647 | $672 | $877 | $957 | $829 | $977 | 17.85% |
Vancouver, West Side | Detached House | $1,147 | $990 | $1,004 | $1,208 | $1,421 | $1,149 | $1,161 | 1.04% |
Burnaby | Detached House | $599 | $551 | $579 | $688 | $795 | $879 | $900 | 2.39% |
West Van | Detached House | $899 | $738 | $734 | $971 | $1,038 | $930 | $1,037 | 11.51% |
Richmond | Detached House | $677 | $598 | $608 | $722 | $831 | $773 | $831 | 7.50% |
Delta North | Detached House | $423 | $400 | $413 | $570 | $716 | $594 | $618 | 4.04% |
North Vancouver | Detached House | $681 | $613 | $690 | $794 | $910 | $817 | $937 | 14.69% |
White Rock/South Surrey | Detached House | $506 | $472 | $435 | $625 | $795 | $627 | $724 | 15.47% |
Victoria | Detached House | N/A | N/A | N/A | $558 | $592 | $602 | $567 | -5.81% |
Victoria | Townhouse | N/A | N/A | N/A | $457 | $583 | $553 | $452 | -18.26% |
Victoria | Condo | N/A | N/A | N/A | $659 | $676 | $723 | $694 | -4.01% |
ATLANTIC | HOUSE TYPE | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | % Change from 2023 |
Charlottetown | Detached House | $147 | $165 | $178 | $211 | $245 | $235 | $252 | 7.23% |
Fredericton | Detached House | N/A | $99 | $123 | $147 | $170 | $196 | $196 | 0.00% |
Halifax | Detached House | $155 | $162 | $170 | $281 | $408 | $398 | $414 | 4.02% |
Halifax | Condo | $228 | $239 | $270 | $291 | $450 | $467 | $467 | 0.00% |
Moncton | Detached House | $101 | $106 | $124 | $142 | $173 | $197 | $237 | 20.30% |
Saint John | Detached House | N/A | $111 | $123 | $134 | $163 | $192 | $186 | -3.13% |
St. John’s | Detached House | N/A | $132 | $135 | $149 | $167 | $167 | $272 | 62.87% |
St. John’s | Condo | N/A | $174 | $116 | $182 | $212 | $205 | $234 | 14.15% |
PRAIRIES | HOUSE TYPE | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | % Change from 2023 |
Regina | Detached House | $254 | $246 | $237 | $250 | $284 | $275 | $290 | 5.17% |
Regina | Condo | $236 | $213 | $205 | $205 | $194 | $189 | $227 | 16.74% |
Saskatoon | Detached House | $270 | $263 | $263 | $314 | $336 | $344 | $370 | 7.03% |
Saskatoon | Condo | $208 | $213 | $217 | $216 | $219 | $226 | $247 | 8.50% |
Winnipeg | Detached House | $282 | $243 | $244 | $293 | $315 | $291 | $302 | 3.64% |
Winnipeg | Condo | $261 | $220 | $223 | $234 | $254 | $249 | $271 | 8.12% |
Winnipeg | Attached | N/A | $202 | $210 | $241 | $269 | $258 | $272 | 5.15% |
Brandon | Detached House | $248 | $246 | $248 | $271 | $276 | $276 | $291 | 5.15% |
Brandon | Condo | $196 | $204 | $204 | $203 | $243 | $236 | $234 | -0.85% |
ONTARIO | HOUSE TYPE | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | % Change from 2023 |
Barrie | Detached House | $283 | $350 | $350 | $378 | $503 | $576 | $579 | 0.52% |
Bradford | Detached House | $286 | $345 | $358 | $410 | $580 | $535 | $530 | -0.93% |
Cambridge | Detached House | $332 | $355 | $388 | $450 | $625 | $568 | $568 | 0.00% |
Cambridge | Condo | $344 | $347 | $367 | $435 | $716 | $514 | $530 | 3.11% |
Cambridge | Townhouse | $282 | $317 | $341 | $474 | $616 | $490 | $500 | 2.04% |
Grey Bruce | Detached House | $175 | $182 | $195 | $357 | $455 | $406 | $415 | 2.22% |
Guelph | Detached House | $397 | $409 | $443 | $483 | $690 | $627 | $618 | -1.44% |
Guelph | Condo | $374 | $402 | $423 | $511 | $777 | $482 | $480 | -0.41% |
Guelph | Duplex | $348 | $362 | $400 | $451 | $648 | $523 | $525 | 0.38% |
Guelph | Townhouse | $311 | $335 | $364 | $433 | $641 | $580 | $573 | -1.21% |
Hamilton | Detached House | $362 | $378 | $406 | $532 | $553 | $523 | $509 | -2.68% |
Hamilton | Townhouse | $257 | $350 | $343 | $453 | $538 | $508 | $507 | -0.20% |
Kitchener | Detached House | $339 | $359 | $400 | $430 | $618 | $610 | $605 | -0.82% |
Kitchener | Townhouse | N/A | $323 | $342 | $435 | $576 | $487 | $490 | 0.62% |
Kitchener | Condo | $328 | $362 | $399 | $483 | $800 | $516 | $491 | -4.84% |
London | Detached House | $191 | $237 | $250 | $362 | $466 | $466 | $463 | -0.64% |
Markham | Detached House | N/A | N/A | $485 | $557 | $685 | $841 | $822 | -2.26% |
Niagara Falls | Detached House | N/A | $275 | $300 | $390 | $531 | $514 | $505 | -1.75% |
Newmarket | Detached House | N/A | $372 | $510 | $505 | $516 | $704 | $693 | -1.56% |
Ottawa | Detached House | $225 | $258 | $313 | $429 | $465 | $587 | $607 | 3.41% |
Ottawa | Townhouse | N/A | N/A | N/A | $392 | $451 | $566 | $534 | -5.65% |
Ottawa | Condo | $442 | $485 | $577 | $479 | $583 | $538 | $550 | 2.23% |
Owen Sound | Detached House | $145 | $158 | $167 | $312 | $380 | $361 | $362 | 0.28% |
Richmond Hill | Detached House | $445 | $465 | $522 | $520 | $665 | $813 | $806 | -0.86% |
Sault Ste. Marie | Detached House | $298 | |||||||
Sault Ste. Marie | Condo | $328 | |||||||
St. Catharines | Detached House | $310 | $290 | $330 | $400 | $612 | $528 | $523 | -0.95% |
Toronto, Downtown | Condo | $903 | $994 | $1,083 | $956 | $1,217 | $739 | $706 | -4.47% |
Vaughn | Detached House | $434 | $503 | $548 | $612 | $695 | $772 | $776 | 0.52% |
Waterloo | Detached House | N/A | $372 | $407 | $421 | $613 | $603 | $601 | -0.33% |
Waterloo | Townhouse | N/A | $324 | $344 | $408 | $641 | $486 | $489 | 0.62% |
Waterloo | Condo | N/A | $402 | $411 | $503 | $777 | $525 | $498 | -5.14% |
Windsor | Detached House | N/A | $372 | $407 | $295 | $306 | $469 | $364 | -22.39% |
QUEBEC | HOUSE TYPE | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | % Change from 2023 |
Montreal, Downtown and SW | Condo | $567 | $709 | $805 | $935 | $935 | $763 | $672 | -11.93% |
Montreal, Downtown and SW | Detached House | $603 | $674 | $958 | $1,350 | $1,357 | $880 | $972 | 10.45% |
Real Estate: Real Success Spotlight – Zanoni Agema Turner Group

In this episode of Real Estate: Real Success Spotlight Series, we highlight the Zanoni Agema Turner Group from CENTURY 21 Foothills South Real Estate in Lethbridge, Alberta. This accomplished team—comprised of Julia Zanoni, David Agema, Meagan Turner, and Klaus Witzke—has earned the esteemed CENTURION® Team status, a reflection of their dedication, collaboration, and commitment to excellence.
The team shares how their diverse strengths and unified vision have driven their collective success. They offer practical advice on everything from team dynamics and time management to client relationships and growth strategies—providing a blueprint for sustainable success in real estate.
Whether you’re part of a team or building one, this episode offers valuable takeaways for anyone aiming to grow in the industry.
Price Per Square Foot Survey 2023

Interest rate hikes prompt modest decline in Canadian home prices, but no freefall in sight, impact uneven
Vancouver (Aug 2, 2022) – Canadian housing prices have fallen with rising interest rates, but when looking back over even just two years remain on a long-term upward trend. Even then, the situation is uneven. The hot housing markets of the biggest city centres are seeing lower condo prices but smaller markets are seeing price per square foot growth, especially in single-family homes. Alberta bucked the trend and experienced price increases in many markets this year, while other Prairie provinces held steady. BC saw the most significant price declines.
The seventh annual Price per Square Foot survey is being released by CENTURY 21 Canada, comparing the price per square foot of properties sold between January 1 and June 30 this year to the same period of previous years.
Notably, most markets that did experience price declines from last year remained roughly equivalent to their 2021 benchmarks and well above earlier years. This year’s survey offers data going back to 2018 for numerous communities coast-to-coast.
“We knew that the market had to come down from the highs of the last few years, and we’re now fully seeing the effects of the interest rate growth that started last year,” says Todd Shyiak, Executive Vice President of CENTURY 21 Canada. “But we have to look at these numbers within the larger context. The fact that we haven’t dipped to pre-pandemic levels shows that homes are still in demand, and we continue to see growth in smaller markets as more families seek a lower cost of living.”
Prices had reached low points in January but steadily climbed over the spring, though many markets didn’t manage to regain their 2022 levels. Condos in Vancouver, Toronto and Montreal all saw declines, while detached homes across small Ontario cities rose, as did those in Atlantic Canada, indicating families seeking space. New Brunswick is emerging as a leader in Atlantic Canadian growth. Results from the 2021 census showed that Moncton, Fredericton and St. John are seen as popular locations for immigrants, and the results from this year’s PPSF survey indicate that trend has continued.
Shyiak says that inventory will play a major factor in prices going forward, as sellers may hold off on putting their homes on the market in response to a hesitant buyer base. “Ultimately, we don’t know what the next six months holds for our housing prices, but it’s important not to get too focused on any single year and look at each data point within the larger context of ever evolving trends. That’s why this survey becomes more valuable year-over-year, because it allows us to see the big picture of Canadian housing.”
Regional highlights:
Atlantic Canada
Prices in Atlantic Canada have continued to rise as Canadians from expensive urban markets seek a lower cost of living. For the first year since this survey started Halifax has lost its crown as the market with the steepest rise as condos in that city saw the smallest increase in the region after a sharp double-digit increase last year. Detached homes in Fredericton, Moncton and St. John’s all saw double-digit increases.
“Families are finding this to be a great place to settle down. We’ve been seeing these trends for years but post-2020 is when it really took off,” says Paul Burns, Manager at CENTURY 21 A&T Countryside Realty. “Interest rates may have slowed the market down slightly, but I’m confident New Brunswick especially will continue to grow.”
British Columbia
The steep prices throughout BC seem to have finally reached their cooling point, with the province seeing the steepest price declines but generally to levels still at or above those from 2021. Even then, Vancouver boasts some of the most expensive price per square foot dwellings in Canada, and prices of both detached houses and condos in the surrounding suburbs remain comparatively high.
Cities farther from the metropolitan core such as Chilliwack and Kelowna have also seen dips, though prices climbed throughout the spring to remain above 2021 levels. The only BC region to see growth was Victoria, possibly indicating more Lower Mainlanders searching across the water for cheaper real estate.
Quebec
Like the other Canadian metropolises, Montreal saw a dip in the price of condos and detached homes, but unlike Vancouver and Toronto the decline was modest and in the single digits. “A lot of young buyers like Montreal, and that’s helped keep the markets here relatively stable,” says Mohamad Al-Hajj, owner of CENTURY 21 Immo-Plus. “We’ll keep an eye on how the rest of the year goes, but it does look like things will remain steady.”
Ontario
Canada’s most populous province saw a wide range of change throughout, from declines to rises all over the map. Toronto condos remain expensive at a PPSF of $1,013, though this is a 16 per cent drop from 2022 to a level roughly in line with 2021 and 2020 prices. However, cities like Niagara Falls and Cambridge saw their family home types gain in the double-digits, and they lead an overall trend of cities farther away from the GTA seeing growth in the price of single-family homes.
“The trend of families looking for space away from the downtown core continues,” says Eryn Richardson, owner of CENTURY 21 Heritage Group. “The changing interest rates definitely had an impact on the prices as buyers are more hesitant, but no single market has fallen dramatically and we’re still seeing a lot of growth.”
Prairies
The Prairies have remained relatively steady with minor gains and losses across the board. Saskatoon detached homes lead the pack at a PPSF of $344, a testament to families who come to the region for space and lower costs. Winnipeg, Brandon and Regina continue the trend, seeing their detached single family homes at $291, $276 and $275 respectively. The most significant decline was in Winnipeg, but even there detached homes fell just 7.62 per cent in price per square foot – the moderate change reflecting the stability of the region.
Alberta
Overall, Alberta has seen the most growth over the past year, with consistent price per square foot gains in most markets. Growth was modest but steady over the first half of 2023, and regions that saw declines dipped no further than 2020 levels. Edmonton condos were among those to decline, a potential sign of younger and newer buyers being affected by rising interest rates.
However, condos in Okotoks rose 14 per cent in price, a good indication that smaller towns still have the potential to grow fast as buyers explore new options. Just north, Calgary saw a rise of 5.81 per cent in single-family homes and 9.82 per cent in condos, while Red Deer was largely unchanged.
“Alberta has really emerged as a viable option for a lot of buyers who are leaving the more expensive areas of BC. Buyers both young and established are finding homes that fit their needs,” says George Bamber, owner of CENTURY 21 Bamber Realty. “Not only are they getting cheaper housing, but they’re also finding vibrant and fast-growing communities that they can make their own.”
CENTURY 21 Canada’s annual survey of data on the price per square foot (PPSF) of properties gathers and compares sales data from its franchises across Canada from January 1 to June 30 of each year. By looking at the price per square foot at the same time each year the firm is able to get a good idea of how prices have changed over time for similar properties. This year’s survey compares 2022 prices with this year’s results.
See the full PPSF study results below.
ALBERTA | House Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | % Change from 2022 |
Calgary | House | $341 | $325 | $320 | $355 | $396 | $419 | 5.81% |
Calgary | Condo | $329 | $317 | $296 | $303 | $326 | $358 | 9.82% |
Edmonton | Detached House | $288 | $272 | $268 | $284 | $297 | $309 | 4.04% |
Edmonton | Duplex | $275 | $256 | $250 | $270 | $287 | $292 | 1.74% |
Edmonton | Condo | $231 | $220 | $206 | $217 | $222 | $204 | -8.11% |
High River | Detached House | $193 | $215 | $237 | $271 | $307 | $334 | 8.79% |
High River | Condo | N/A | $241 | $173 | $176 | $223 | $233 | 4.48% |
Okotoks | Detached House | N/A | $238 | $254 | $283 | $338 | $362 | 7.10% |
Okotoks | Condo | N/A | $254 | $211 | $219 | $251 | $288 | 14.74% |
Red Deer | Detached House | $276 | $262 | $252 | $289 | $293 | $294 | 0.34% |
Red Deer | Townhouse | N/A | N/A | N/A | $207 | $214 | $226 | 5.61% |
Red Deer | Condo | N/A | N/A | N/A | $186 | $194 | $196 | 1.03% |
Red Deer | Duplex | N/A | N/A | N/A | N/A | $269 | $264 | -1.86% |
St. Albert | Detached House | $287 | $271 | $269 | $289 | $322 | $317 | -1.55% |
St. Albert | Condo | $239 | $223 | $211 | $251 | $238 | $259 | 8.82% |
St. Albert | Duplex | $262 | $272 | $278 | $280 | $325 | $347 | 6.77% |
BRITISH COLUMBIA | House Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | % Change from 2022 |
Chilliwack | Detached House | $297 | $294 | $288 | $406 | $515 | $419 | -18.64% |
Chilliwack | Townhouse | $267 | $249 | $250 | $318 | $425 | $359 | -15.53% |
Chilliwack | Condo/ Apartment | $283 | $290 | $270 | $351 | $473 | $443 | -6.34% |
Kelowna | Detached House | $283 | $274 | $280 | $368 | $463 | $413 | -10.80% |
Kelowna | Half Duplex | $247 | $260 | $263 | $320 | $402 | $362 | -9.95% |
Kelowna | Townhouse | $292 | $287 | $302 | $365 | $452 | $422 | -6.64% |
Kelowna | Apartment | $345 | $348 | $334 | $411 | $526 | $491 | -6.65% |
Vancouver | Detached House | $856 | $769 | $816 | $975 | $1,177 | $978 | -16.91% |
Vancouver, Downtown | Condo | $856 | $769 | $1,060 | $1,053 | $1,133 | $1,132 | -0.09% |
Vancouver, East side | Detached House | $721 | $647 | $672 | $877 | $957 | $829 | -13.38% |
Vancouver, West Side | Detached House | $1,147 | $990 | $1,004 | $1,208 | $1,421 | $1,149 | -19.14% |
Burnaby | Detached House | $599 | $551 | $579 | $688 | $795 | $725 | -8.81% |
West Van | Detached House | $899 | $738 | $734 | $971 | $1,038 | $930 | -10.40% |
Vancouver, Richmond | Detached House | $677 | $598 | $608 | $722 | $831 | $773 | -6.98% |
Delta North | Detached House | $423 | $400 | $413 | $570 | $716 | $594 | -17.04% |
North Vancouver | Detached House | $681 | $613 | $690 | $794 | $910 | $817 | -10.22% |
White Rock/South Surrey | Detached House | $506 | $472 | $435 | $625 | $795 | $627 | -21.13% |
Victoria | Detached House | N/A | N/A | N/A | $558 | $592 | $602 | 1.69% |
Victoria | Townhouse | N/A | N/A | N/A | $457 | $583 | $553 | -5.15% |
Victoria | Condo | N/A | N/A | N/A | $659 | $676 | $723 | 6.95% |
ATLANTIC | House Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | % Change from 2022 |
Charlottetown | Detached House | $147 | $165 | $178 | $211 | $245 | $235 | -4.08% |
Fredericton | Detached House | N/A | $99 | $123 | $147 | $170 | $196 | 15.29% |
Halifax | Detached House | $155 | $162 | $170 | $281 | $408 | $398 | -2.45% |
Halifax | Condo | $228 | $239 | $270 | $291 | $450 | $467 | 3.78% |
Moncton | Detached House | $101 | $106 | $124 | $142 | $173 | $197 | 13.87% |
Saint John | Detached House | N/A | $111 | $123 | $134 | $163 | $192 | 17.79% |
St. John’s | Detached House | N/A | $132 | $135 | $149 | $167 | $167 | 0.00% |
St. John’s | Condo | N/A | $174 | $116 | $182 | $212 | $205 | -3.30% |
PRAIRIES | House Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | % Change from 2022 |
Regina | Detached House | $254 | $246 | $237 | $250 | $284 | $275 | -3.17% |
Regina | Condo | $236 | $213 | $205 | $205 | $194 | $189 | -2.58% |
Saskatoon | Detached House | $270 | $263 | $263 | $314 | $336 | $344 | 2.38% |
Saskatoon | Condo | $208 | $213 | $217 | $216 | $219 | $226 | 3.20% |
Winnipeg | Detached House | $282 | $243 | $244 | $293 | $315 | $291 | -7.62% |
Winnipeg | Condo | $261 | $220 | $223 | $234 | $254 | $249 | -1.97% |
Winnipeg | Attached | N/A | $202 | $210 | $241 | $269 | $258 | -4.09% |
Brandon | Detached House | $248 | $246 | $248 | $271 | $276 | $276 | 0.00% |
Brandon | Condo | $196 | $204 | $204 | $203 | $243 | $236 | -2.88% |
ONTARIO | House Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | % Change from 2022 |
Barrie | Detached House | $283 | $350 | $350 | $378 | $503 | $524 | 4.17% |
Bradford | Detached House | $286 | $345 | $358 | $410 | $580 | $617 | 6.38% |
Cambridge | Detached House | $332 | $355 | $388 | $450 | $625 | $670 | 7.20% |
Cambridge | Duplex | $311 | $331 | $377 | $527 | $656 | $757 | 15.40% |
Cambridge | Condo | $344 | $347 | $367 | $435 | $716 | $787 | 9.92% |
Cambridge | Townhouse | $282 | $317 | $341 | $474 | $616 | $575 | -6.66% |
Grey Bruce | Detached House | $175 | $182 | $195 | $357 | $455 | $434 | -4.62% |
Guelph | Detached House | $397 | $409 | $443 | $483 | $690 | $527 | -23.62% |
Guelph | Condo | $374 | $402 | $423 | $511 | $777 | $740 | -4.76% |
Guelph | Duplex | $348 | $362 | $400 | $451 | $648 | $691 | 6.64% |
Guelph | Townhouse | $311 | $335 | $364 | $433 | $641 | $605 | -5.62% |
Hamilton | Detached House | $362 | $378 | $406 | $532 | $553 | $530 | -4.16% |
Hamilton | Townhouse | $257 | $350 | $343 | $453 | $538 | $482 | -10.41% |
Kitchener | Detached House | $339 | $359 | $400 | $430 | $618 | $610 | -1.29% |
Kitchener | Semi-Detached | N/A | $341 | $399 | $460 | $623 | $632 | 1.44% |
Kitchener | Townhouse | N/A | $323 | $342 | $435 | $576 | $583 | 1.22% |
Kitchener | Condo | $328 | $362 | $399 | $483 | $800 | $838 | 4.75% |
London | Detached House | $191 | $237 | $250 | $362 | $466 | $384 | -17.60% |
Markham | Detached House | N/A | N/A | $485 | $557 | $685 | $753 | 9.93% |
Niagara Falls | Bungalow | N/A | $336 | $395 | $475 | $630 | $746 | 18.41% |
Niagara Falls | Detached House | N/A | $275 | $300 | $390 | $531 | $606 | 14.12% |
Newmarket | Detached House | N/A | $372 | $510 | $505 | $516 | $536 | 3.88% |
Ottawa | Detached House | $225 | $258 | $313 | $429 | $465 | $502 | 7.96% |
Ottawa | Townhouse | N/A | N/A | N/A | $392 | $451 | $419 | -7.10% |
Ottawa | Condo | $442 | $485 | $577 | $479 | $583 | $552 | -5.32% |
Owen Sound | Detached House | $145 | $158 | $167 | $312 | $380 | $393 | 3.42% |
Richmond Hill | Detached House | $445 | $465 | $522 | $520 | $665 | $717 | 7.82% |
St. Catharines | Bungalow | $385 | $367 | $425 | $520 | $589 | $639 | 8.49% |
St. Catharines | Detached House | $310 | $290 | $330 | $400 | $612 | $636 | 3.92% |
Toronto, Downtown | Condo | $903 | $994 | $1,083 | $956 | $1,217 | $1,013 | -16.76% |
Vaughn | Detached House | $434 | $503 | $548 | $612 | $695 | $687 | -1.15% |
Waterloo | Detached House | N/A | $372 | $407 | $421 | $613 | $520 | -15.17% |
Waterloo | Semi-detached | N/A | $357 | $399 | $439 | $648 | $663 | 2.31% |
Waterloo | Townhouse | N/A | $324 | $344 | $408 | $641 | $651 | 1.56% |
Waterloo | Condo | N/A | $402 | $411 | $503 | $777 | $831 | 6.95% |
Windsor | Detached House | N/A | $372 | $407 | $295 | $306 | $469 | 53.27% |
QUEBEC | House Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | % Change from 2022 |
Montreal, Downtown and SW | Condo | $567 | $709 | $805 | $935 | $935 | $879 | -5.99% |
Montreal, Downtown and SW | Detached House | $603 | $674 | $958 | $1,350 | $1,357 | $1,235 | -8.99% |
Despite Interest Rate Hikes, National Home Prices see Steady Rises across The Country in First Half of The Year

Vancouver (July 27, 2022) – While interest rates have been on the rise for the past few months, the Canadian housing landscape continued to see pricing growth during the first six months of this year. Prices were up particularly in suburbs and smaller communities outside metropolitan centres as more condo owners seek homes outside of the expensive Greater Toronto Area and Vancouver centres.
The sixth annual Price Per Square Foot survey released today by CENTURY 21 Canada shows that real estate continued to be a strong market for the first half of the year, with long-term growth continuing despite higher interest rates and concerns about what that will mean for the industry in the immediate future. While some markets have cooled after the boom that occurred during the COVID-19 pandemic, prices overall have continued to remain elevated for the start of the year.
In its annual, nationwide study, CENTURY 21 Canada compared the price per square foot of properties sold between January 1 and June 30 this year to the same period last year and in previous years.
“We recognize the concerns that some might have because of interest rates, but the first half of 2022 showed growth in nearly every regional market in the country,” says Brian Rushton, Chief Operating Officer of CENTURY 21 Canada. “The highest point of the boom may have passed, but the trend is still towards higher prices, especially in suburbs where younger and first-time home buyers are looking to escape competitive metropolitan areas now that remote work has become more common. What will be interesting is to compare the data we’ve received from the first half of this year with the data we gather in 2023 to see how the rising rates impact the market for the next six months.”
After high prices in January across the board, prices saw market-typical fluctuations throughout the spring, with most markets experiencing slight downturns in June when the rate hikes came into effect. However, that has not stopped the demand for housing, particularly in the communities of Hamilton, Kitchener and Cambridge in Ontario and communities such as Chilliwack and Kelowna in BC. Atlantic Canada has also continued a sharp upward trend, with Halifax condos seeing a 54 per cent price increase in the first half of the year. Though the market may see a downturn across the board in the next six months, prices in these fast-growing smaller cities will still likely see double-digit growth in 2023, continuing the upward pressure seen over the past five years.
Rushton says that market trends are evolving rapidly as the full effect of the rate changes will come into effect in the latter half of 2022. “We don’t want to get ahead of ourselves, we’re going to keep seeing how the market performs and whether or not it cools down after the frenzy of the past year. With inflation on the rise, folks may be less able to purchase but even a slight dip would only take us to the level of a few years back, possibly the 2018-2019 period. Ultimately, there are still buyers who have been waiting for a cool down period so that they can enter the market at the best time.”
Regional highlights:
Alberta
Moderate increases can be seen across regions in Alberta as investors from the GTA take advantage of growing smaller markets. While larger cities saw incremental growth, Okotoks and High River experienced double-digit increases, especially in their condo markets. The only decrease in this province can be found in St. Albert condos, though an increased PPSF in detached homes and duplexes indicate more families looking to grow in the suburbs.
Atlantic
Atlantic Canada was again a hot market this year for young and first-time buyers who have been unable to purchase in other, larger metros. Halifax condo prices continued their meteoric rise, with a heavy demand for detached homes not that far behind. Double-digit increases are seen throughout the region.
“Everyone is eager to find a place where they can put down roots, and once the remote work mandates from the pandemic became permanent, we haven’t seen any signs of this market slowing down in the first half of the year,” says David Yetman, Owner of CENTURY 21 All Points. “The biggest question for the next year will be if the supply can keep up with the demand. While prime interest rates have had a slowing effect, it is temporary, the current BoC rate is still extremely low and it bodes well for a healthy Halifax Regional Municipality (HRM) market going forward.”
British Columbia
Once again, BC real estate takes the top place as the most expensive market in the country, particularly in detached homes in Vancouver’s West Side. However, the high prices may see buyers moving away from the downtown core as condo prices have only seen a slight increase this year (though remains the second highest local market, with a PPSF of $1,283) while prices rose sharply in communities such as Kelowna and Chilliwack, where condos saw a 28 per cent and 35 per cent increase in price respectively in the first half of the year.
Quebec
The Montreal condo market has held steady over the past year, with no increase to their PPSF of $935/sf. With the change in interest rates, there is the possibility of younger buyers who have been looking east in the recent years choosing to remain in their home province should prices trend down.
“The next six months will be watched very carefully to see how buyers, especially younger buyers, react to the changing interest rates,” says Mohamad Al-Hajj, owner of CENTURY 21 Immo-Plus. “While some may wait to see if there are any more changes, other buyers may see an opportunity to not have to move away from their communities.”
Ontario
More buyers are leaving the Greater Toronto Area to seek homes in the communities such as Waterloo, Guelph and Hamilton. Guelph now stands at $777/sq ft, and Cambridge condos aren’t far behind at $716/sq ft.
Communities farther outside the GTA also saw substantial increases. Barrie saw a double digit increase in its detached home prices, as did Grey Bruce. As for the city of Toronto, after a slight downturn this time last year, prices have once agent risen to be the second highest in the country.
Prairies
The Prairies have seen a more modest growth in pricing than the rest of the country, but there have been rises across Manitoba and Saskatchewan. While Regina condo prices took a slight dip, the region’s detached homes are up by 13 per cent in the first six months of 2022. Winnipeg follows the trend, though at a lower growth rate of 11 per cent, and Saskatoon at seven per cent. Brandon may be an emerging market for younger buyers – while detached homes only saw a very slight single digit increase condos are up by nearly 20 per cent to $243/sq ft. Overall, prices in Prairie provinces have remained the steadiest over the past several years.
The upward trend of condos was even seen in Yellowknife, where a 14 per cent increase now sees the average apartment selling for $407/sq ft. More modest changes were seen across detached homes and townhouses, and only duplexes saw a small decrease.
CENTURY 21 Canada’s annual survey of data on the price per square foot (PPSF) of properties gathers and compares sales data from its franchises across Canada from January 1 to June 30 of each year. By looking at the price per square foot at the same time each year the firm is able to get a good idea of how prices have changed over time for similar properties. This year’s survey compares 2021 prices with this year’s results.
See full PPSF study results below:
ALBERTA |
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CITY | HOUSE TYPE | 2018 | 2019 | 2020 | 2021 | 2022 | % Change from 2021 |
Calgary | House | $341 | $325 | $320 | $355 | $396 | 11.55% |
Calgary | Condo | $329 | $317 | $296 | $303 | $326 | 7.59% |
Edmonton | Detached House | $288 | $272 | $268 | $284 | $297 | 4.58% |
Edmonton | Duplex | $275 | $256 | $250 | $270 | $287 | 6.30% |
Edmonton | Condo | $231 | $220 | $206 | $217 | $222 | 2.30% |
High River | Detached House | $193 | $215 | $237 | $271 | $307 | 13.28% |
High River | Condo | N/A | $241 | $173 | $176 | $223 | 26.70% |
Okotoks | Detached House | N/A | $238 | $254 | $283 | $338 | 19.43% |
Okotoks | Condo | N/A | $254 | $211 | $219 | $251 | 14.61% |
Red Deer | Detached House | $276 | $262 | $252 | $289 | $293 | 1.38% |
Red Deer | Townhouse | N/A | N/A | N/A | $207 | $214 | 3.38% |
Red Deer | Condo | N/A | N/A | N/A | $186 | $194 | 4.30% |
Red Deer | Duplex | N/A | N/A | N/A | N/A | $269 | N/A |
St. Albert | Detached House | $287 | $271 | $269 | $289 | $322 | 11.42% |
St. Albert | Condo | $239 | $223 | $211 | $251 | $238 | -5.18% |
St. Albert | Duplex | $262 | $272 | $278 | $280 | $325 | 16.07% |
BRITISH COLUMBIA |
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CITY | HOUSE TYPE | 2018 | 2019 | 2020 | 2021 | 2022 | % Change from 2021 |
Chilliwack | Detached House | $297 | $294 | $288 | $406 | $515 | 26.85% |
Chilliwack | Townhouse | $267 | $249 | $250 | $318 | $425 | 33.65% |
Chilliwack | Condo/ Apartment | $283 | $290 | $270 | $351 | $473 | 34.76% |
Kelowna | Detached House | $283 | $274 | $280 | $368 | $463 | 25.82% |
Kelowna | Half Duplex | $247 | $260 | $263 | $320 | $402 | 25.63% |
Kelowna | Townhouse | $292 | $287 | $302 | $365 | $452 | 23.84% |
Kelowna | Apartment | $345 | $348 | $334 | $411 | $526 | 27.98% |
Vancouver | Detached House | $856 | $769 | $816 | $975 | $1,177 | 20.72% |
Vancouver, Downtown | Condo | $856 | $769 | $816 | $1,208 | $1,283 | 6.21% |
Vancouver, East side | Detached House | $721 | $647 | $672 | $877 | $957 | 9.12% |
Vancouver, West Side | Detached House | $1,147 | $990 | $1,004 | $1,208 | $1,421 | 17.63% |
Burnaby | Detached House | $599 | $551 | $579 | $688 | $795 | 15.55% |
West Van | Detached House | $899 | $738 | $734 | $971 | $1,038 | 6.90% |
Vancouver, Richmond | Detached House | $677 | $598 | $608 | $722 | $831 | 15.10% |
Delta North | Detached House | $423 | $400 | $413 | $570 | $716 | 25.61% |
North Vancouver | Detached House | $681 | $613 | $690 | $794 | $910 | 14.61% |
White Rock/South Surrey | Detached House | $506 | $472 | $435 | $625 | $795 | 27.20% |
Victoria | Detached House | N/A | N/A | N/A | $558 | $592 | 6.09% |
Victoria | Townhouse | N/A | N/A | N/A | $457 | $583 | 27.57% |
Victoria | Condo | N/A | N/A | N/A | $659 | $676 | 2.58% |
ATLANTIC |
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CITY | HOUSE TYPE | 2018 | 2019 | 2020 | 2021 | 2022 | % Change from 2021 |
Charlottetown | Detached House | $147 | $165 | $178 | $211 | $245 | 16.11% |
Fredericton | Detached House | N/A | $99 | $123 | $147 | $170 | 15.65% |
Halifax | Detached House | $155 | $162 | $170 | $281 | $408 | 45.20% |
Halifax | Condo | $228 | $239 | $270 | $291 | $450 | 54.64% |
Moncton | Detached House | $101 | $106 | $124 | $142 | $173 | 21.83% |
Saint John | Detached House | N/A | $111 | $123 | $134 | $163 | 21.64% |
St. John’s | Detached House | N/A | $132 | $135 | $149 | $167 | 12.08% |
St. John’s | Condo | N/A | $174 | $116 | $182 | $212 | 16.48% |
PRAIRIES |
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CITY | HOUSE TYPE | 2018 | 2019 | 2020 | 2021 | 2022 | % Change from 2021 |
Regina | Detached House | $254 | $246 | $237 | $250 | $284 | 13.60% |
Regina | Condo | $236 | $213 | $205 | $205 | $194 | -5.37% |
Saskatoon | Detached House | $270 | $263 | $263 | $314 | $336 | 7.01% |
Saskatoon | Condo | $208 | $213 | $217 | $216 | $219 | 1.39% |
Winnipeg | Detached House | $282 | $243 | $244 | $293 | $315 | 7.51% |
Winnipeg | Condo | $261 | $220 | $223 | $234 | $254 | 8.55% |
Winnipeg | Attached | N/A | $202 | $210 | $241 | $269 | 11.62% |
Brandon | Detached House | $248 | $246 | $248 | $271 | $276 | 1.85% |
Brandon | Condo | $196 | $204 | $204 | $203 | $243 | 19.70% |
ONTARIO |
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CITY | HOUSE TYPE | 2018 | 2019 | 2020 | 2021 | 2022 | % Change from 2021 |
Barrie | Detached House | $283 | $350 | $350 | $378 | $503 | 33.07% |
Bradford | Detached House | $286 | $345 | $358 | $410 | $580 | 41.46% |
Cambridge | Detached House | $332 | $355 | $388 | $450 | $625 | 38.89% |
Cambridge | Duplex | $311 | $331 | $377 | $527 | $656 | 24.48% |
Cambridge | Condo | $344 | $347 | $367 | $435 | $716 | 64.60% |
Cambridge | Townhouse | $282 | $317 | $341 | $474 | $616 | 29.96% |
Grey Bruce | Detached House | $175 | $182 | $195 | $357 | $455 | 27.45% |
Guelph | Detached House | $397 | $409 | $443 | $483 | $690 | 42.86% |
Guelph | Condo | $374 | $402 | $423 | $511 | $777 | 52.05% |
Guelph | Duplex | $348 | $362 | $400 | $451 | $648 | 43.68% |
Guelph | Townhouse | $311 | $335 | $364 | $433 | $641 | 48.04% |
Hamilton | Detached House | $362 | $378 | $406 | $532 | $553 | 3.95% |
Hamilton | Townhouse | $257 | $350 | $343 | $453 | $538 | 18.76% |
Kitchener | Detached House | $339 | $359 | $400 | $430 | $618 | 43.72% |
Kitchener | Semi-Detached | N/A | $341 | $399 | $460 | $623 | 35.43% |
Kitchener | Townhouse | N/A | $323 | $342 | $435 | $576 | 32.41% |
Kitchener | Condo | $328 | $362 | $399 | $483 | $800 | 65.63% |
London | Detached House | $191 | $237 | $250 | $362 | $466 | 28.73% |
Markham | Detached House | N/A | N/A | $485 | $557 | $685 | 22.98% |
Niagara Falls | Bungalow | N/A | $336 | $395 | $475 | $630 | 32.63% |
Niagara Falls | Detached House | N/A | $275 | $300 | $390 | $531 | 36.15% |
Newmarket | Detached House | N/A | $372 | $510 | $505 | $516 | 2.18% |
Ottawa | Detached House | $225 | $258 | $313 | $429 | $465 | 8.39% |
Ottawa | Townhouse | N/A | N/A | N/A | $392 | $451 | 15.05% |
Ottawa | Condo | $442 | $485 | $577 | $479 | $583 | 21.71% |
Owen Sound | Detached House | $145 | $158 | $167 | $312 | $380 | 21.79% |
Richmond Hill | Detached House | $445 | $465 | $522 | $520 | $665 | 27.88% |
St. Catharines | Bungalow | $385 | $367 | $425 | $520 | $589 | 13.27% |
St. Catharines | Detached House | $310 | $290 | $330 | $400 | $612 | 53.00% |
Toronto, Downtown | Condo | $903 | $994 | $1,083 | $956 | $1,217 | 27.30% |
Vaughn | Detached House | $434 | $503 | $548 | $612 | $695 | 13.56% |
Waterloo | Detached House | N/A | $372 | $407 | $421 | $613 | 45.61% |
Waterloo | Semi-detached | N/A | $357 | $399 | $439 | $648 | 47.61% |
Waterloo | Townhouse | N/A | $324 | $344 | $408 | $641 | 57.11% |
Waterloo | Condo | N/A | $402 | $411 | $503 | $777 | 54.47% |
Windsor | Detached House | N/A | $372 | $407 | $295 | $306 | 3.73% |
QUEBEC |
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CITY | HOUSE TYPE | 2018 | 2019 | 2020 | 2021 | 2022 | % Change from 2021 |
Montreal, Downtown and SW | Condo | $567 | $709 | $805 | $935 | $935 | 0.00% |
Montreal, Downtown and SW | Detached House | $603 | $674 | $958 | $1,350 | $1,357 | 0.52% |
NORTHWEST TERRITORIES |
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CITY | HOUSE TYPE | 2018 | 2019 | 2020 | 2021 | 2022 | % Change from 2021 |
Yellowknife | Detached House | N/A | N/A | $277 | $312 | $315 | 0.96% |
Townhouse | N/A | N/A | $265 | $260 | $276 | 6.15% | |
Manufactured | N/A | N/A | $267 | $290 | $311 | 7.24% | |
Apartment | N/A | N/A | $347 | $357 | $407 | 14.01% | |
Duplex | N/A | N/A | $306 | $343 | $336 | -2.04% |
View Pirce Per Square Foot 2021 and Price Per Square Foot 2020
How the information was gathered by CENTURY 21 Canada
CENTURY 21 franchisees were asked to help come up with the average price-per-square-foot in their market. However, calculating a precise number is not an exact science as every office and province tracks statistics slightly differently. As a result, most have used the median price and square footage in their market in sales from January 1 – June 30, 2022. Each franchisee has confirmed that the numbers provided are an accurate representation of the trends market.
For more information please contact:
Peak Communicators
Shawn Hall
Phone: (604) 619-7913
Email: shawn@apogeepr.ca
CENTURY 21 Town & Country Serves Real Estate Needs In Oil Fields

Peace River, A.B. (Month, Year) – CENTURY 21 Canada now has a presence in the picturesque community of Peace River with the opening of CENTURY 21 Town & Country Realty. The new addition to the legacy brand will be helmed by Andy Gauvreau who, after ten years as an independent broker, decided to join the brand when looking forward to the future of his brokerage.
“I was looking to supplement the technology I had, which I wasn’t able to do if I continued as an independent brokerage,” says Gauvreau. “I had looked into third-party technology but was really impressed by what I found on the CENTURY 21 Canada website and I decided it would be more cost-effective to pursue a franchise.”
Among the technology offered is the new suite of HUB21 tools powered by Moxiworks, which rolled out to CENTURY 21 Canada offices last year. “When I saw the presentation on the technology and investigated the websites of other CENTURY 21 Canada companies, it seemed like it would be a seamless transition from what I was doing and C21 was the best fit.”
Now settled in as part of the brand, Gauvreau will turn his attention to the next ten years as he plans the future of his brokerage. “The end goal of this ten-year contract is to find someone who is a good fit for the brokerage, and who can take over and grow it. I will continue on in some manner in real estate and the recruitment will happen when I get the company name out there and find someone who has the right mindset.”
In the short term, Gauvreau will be monitoring how his company performs after the transition and as Peace River starts to see a market pickup. “Peace River is a little different because we are oil field, agriculture and government-oriented area,” explains Gauvreau. “As productivity increases, so does the housing market. We had dips in 2017 and 2018, and the cancellation of a Shell Canada plant really didn’t help in 2016. We generally follow the trend of Alberta with a bit of delay, and we are seeing an increase in housing activity now, just an ever-evolving market that you need to be paying attention to and accommodate accordingly.”
“We’re thrilled to continue growing in smaller communities across Western Canada,” says Brian Rushton, Chief Operating Officer with CENTURY 21 Canada. “Our investment in our cutting-edge technology is clear, and people are responding to that, wanting to join us and have the best tools in the business. And apart from that, we’re going to continue providing personal support to our brokers so that they always know we’re willing to go the extra mile to help them succeed.”
For his part, Gauvreau is settling into being part of such a large brand after years as an independent broker. “It’s interesting seeing how CENTURY 21 Canada operates, they have a standard and it’s obviously worked very well so it’s just a matter of adapting. And there are so many people to fall back on, there’s a lot of support.”
CENTURY 21 Town & Country opens on July 1, 2022.
CENTURY 21 Argos Ready to Become the Eyes on the Market for Their Clients

Calgary, A.B. (June, 2022) – The newest addition to the CENTURY 21 Canada family, CENTURY 21 Argos Realty, is set to open this summer with Karen Luu as broker, who is adding real estate to the brokerage services after five successful years as Real Property Management Renfrew.
“It is remarkable to look back at when we first started in 2017 and to see what we have managed to accomplish in these five years,” says Luu. “Though I have always been involved in the real estate industry with family and friends, owning and operating Renfrew with Real Property Management afforded me to experience the real estate industry profoundly in so many ways”
Carla Browne, President of Real Property Management, knows the synergy between property management and real estate, having started in real estate herself at CENTURY 21 Dome before growing into her current role. By offering the services of both real estate and property management Karen is able to assist her clients through every step of their housing journey. Karen has a great amount of experience to draw from,” says Browne. “After having worked in the market from a different perspective, she has the local expertise and now represents two national brands to create a client experience like no other. We are very excited to see her brokerage grow with the addition of the CENTURY 21 Brand to her existing Real Property Management office.”
For Luu, working with CENTURY 21 Canada was the natural evolution of her own career. “CENTURY 21 Canada provides a lot of resources and support, and that allows for a lot of future planning and growth,” Luu says. “The technology that they provide is just what we need; all the resources are there to grow our office and our team.”
Luu has a lot of goals for CENTURY 21 Argos Realty’s growth, and in the immediate future, she plans to fully learn the programs and tech that CENTURY 21 Canada has to offer and share that knowledge with new agents. While she does have a goal of recruiting 15-20 new agents before the end of next year, her priority is quality over quantity. “We have a minimum number of agents in mind, but we also want to bring in agents who share our core values, and we’d rather go by fit than just trying to reach a certain number.”
“We’re so happy that Karen and her team have come on board, and we know that she has the perfect experience to helm her own brokerage,” says Brian Rushton, Chief Operating Officer of CENTURY 21 Canada. “She has clear goals and a clear path forward and we are committed to providing all the support she needs to succeed, alongside the best technology programs in the business.”
Planning for future growth, Luu is considering the possibilities of new offices and locations in areas that align with the C21 Argos vision and values but for the more immediate term, her focus will be on continuing to service her core client base in Calgary and the surrounding areas. “When deciding on a name, I was inspired by the story of the diligent watcher giant with 100 eyes, Argos, in Greek Mythology. We connected with that. We want to be the ever-watching, oversized guardians for our clients, our owners, our buyers and our investors. We, at C21 Argos, will be those eyes ever watching the market and ever guarding our clients’ best interests”
CENTURY 21 Argos Realty opens in Calgary on July 1, 2021.
Veteran Real Estate Broker Sees Strength and Value in Calgary Market

George Bamber has seen the highs and lows during his 35-year career
In 35-plus years in Calgary’s real estate industry, George Bamber has witnessed market highs, market lows … and everything in between.
With three decades of business experience and customer trust, George Bamber, the owner/broker of Century 21 Bamber Realty, is confident in the continued strength of Calgary and Alberta’s economy. “Calgary real estate has been undervalued for so long and while we may see a bit of a dip in momentum after coming off a record sales year, the strength of Alberta — especially in oil and gas and with continued diversification — is going to mean net in-migration. Alberta is going to be the place to be.”
Bamber expects his real estate company — the largest Century 21 office in Alberta and one of Canada’s largest in overall volume — to continue to grow substantially in 2022. In the first three months of this year, his office had 1,000 sales throughout the Calgary region, including Springbank, Bragg Creek, Okotoks and Airdrie, for homes from $130,000 to $8 million. In 2021, Bamber Realty had 2,800 sales with a value of $1.6 billion.
While increasing interest rates may take some potential homebuyers out of the market to save more money before buying a home or to look for a potential dip in prices, Bamber says Calgary continues to be an affordable place to buy, especially in the apartment condo realm where prices in many cases are below replacement value. He is hoping this year for a more balanced market that will be good for both buyers and sellers as opposed to 2021, where there were often multiple bids on a limited amount of inventory.
“Hopefully it will be a year when buyers don’t have to purchase the first home they see,” says Bamber. “Buyers are doing their research online and through various social media tools prior to engaging with a professional realtor,” says Bamber. “At that point, it gets down to our expert knowledge and professionalism from start to finish.” It’s important to have an experienced agent who can move as quickly as the market by using all their professional tools, from on-the-spot market evaluations to constant communication, negotiating competing offers and taking a buyer or seller to agreement completion, he adds.
In more than three decades, Bamber Realty has grown while retaining its community roots. It’s still at its original 17th Avenue S.W. location — even with the same phone number. And that community connection sees individual real estate agents supporting multiple local charities while Bamber Realty’s major initiative involves Century 21’s commitment to Easter Seals, helping Calgary children with disabilities attend Camp Horizon.
To learn more about Bamber Realty, check out bamberrealty.c21.ca.
Posted on the Calgary Herald