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Value added of real estate and rental and leasing in Canada increases in June 2018

Real estate value added grew slightly by 0.39 percent in June 2018, according to data released by Canada National Statistical Office. The variable increased hardly by 887 million Canadian Dollars, as it follows the tendency of the prior month when it rose by 0.13%. It's the highest level on record since 1997. One year earlier, the indicator was growing by 0.02% and attained 225 068 million Canadian Dollars in June of the year before. In brief, the variable was 1.66 percent higher in June 2017 than in June 2018. Canada saw a growth of 90.32% in real estate value added during the last 21 years. Likewise, the real estate value added is now above average of 171 142.15 million Canadian Dollars with a marginal overall rise since the 1997. It reached its minimum of 119 813 million Canadian Dollars in April 1997.

Value added of real estate and rental and leasing in Canada increases in June 2018
Date Million Canadian Dollars Variation
Jun. 2018 228 812.00 0.39
May. 2018 227 925.00 0.13
Apr. 2018 227 627.00 0.25
Mar. 2018 227 053.00 0.15
Feb. 2018 226 715.00 -0.18
Jan. 2018 227 124.00 -0.5
Dec. 2017 228 263.00 0.4
Nov. 2017 227 358.00 0.22
Oct. 2017 226 849.00 0.13
Sep. 2017 226 560.00 0.3

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.