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Value added of real estate and rental and leasing in Canada grows in April 2018

In April 2018 the variable grew negligibly by 0.26%, according to adjusted numbers announced by Canada National Statistical Office. Real estate value added hardly went up by 583 million Canadian Dollars, as it follows the tendency of the prior month when it climbed by 0.1%. In 2017, this fluctuation attained 0.3% and the real estate value added reached 224 849 million Canadian Dollars the same month in 2017. To sum up, the indicator was 1.23 percent higher in April 2017 than in the same month one year later. The overall changes for the previous 21 years hit a raise of 89.32%. In comparison to its average, the real estate value added is now higher as the mean equals 170 700.14 million Canadian Dollars with a slight overall rise since the start of observations. It attained its all-time high of 228 424 million Canadian Dollars in December 2017 and record low of 119 813 million Canadian Dollars in April 1997.

Value added of real estate and rental and leasing in Canada grows in April 2018
Date Million Canadian Dollars Variation
Apr. 2018 227 617.00 0.26
Mar. 2018 227 034.00 0.1
Feb. 2018 226 818.00 -0.2
Jan. 2018 227 268.00 -0.51
Dec. 2017 228 424.00 0.42
Nov. 2017 227 477.00 0.23
Oct. 2017 226 959.00 0.14
Sep. 2017 226 640.00 0.26
Aug. 2017 226 053.00 0.18
Jul. 2017 225 658.00 0.19

Related Statistics

Real Estate Revenue in other Countries

Main Real Estate Indicators

  • Real Estate Revenue

  • Real Estate Vacancy Rate

    Percentage of the total amount of physical vacant space divided by the total amount of existing inventory. it can be applied to the rental inventory (rental vacancy rate, i.e. the proportion of the rental inventory which is vacant for rent) or to the homeowner inventory (homeowner vacancy rate, i.e. the proportion of the homeowner inventory which is vacant for sale). Based on: U.S. Census Bureau.

  • Home Prices

    The House Price Index (HPI) is a broad measure of the movement of single-family house prices. It serves as a timely, accurate indicator of house price trends at various geographic levels. Methodologies commonly used to calculate HPI are the hedonic regression (HR), simple moving average (SMA) and repeat-sales regression (RSR). Based on: Federal Housing Finance Agency (U.S.).

  • Home Inventory

  • Property Sales

  • New Home Sales

    Number of sales of newly constructed residences, excluding new houses that were not built for immediate sale. Based on: National Association of Realtors.

  • Home Sales

  • Homeownership Rate

    Proportion of households that are owners. It is computed by dividing the number of households that are owners by the total number of occupied households. Based on: U.S. Census Bureau.