Statistics Canada reported increased residential property ownership across Canada between 2023 and 2024. In St. John’s Census Metropolitan Area, property owners rose from 89,185 to 90,825, with single-property owners comprising 85.9% in 2023 and 86.1% in 2024. Median property values and incomes increased slightly. Prince Edward Island saw a 6% rise in owners, while Nova Scotia and New Brunswick experienced modest growth. Ontario, the largest region, had 5.8 million total owners in 2024, with single-property owners making up 82.8% of all owners. Alberta and British Columbia showed higher proportions of multiple-property owners, at 14.2% and 15.7% respectively. Median property values and incomes varied by region, with Yukon and Nunavut reporting higher median incomes compared to other areas. Data includes estimates for some regions marked with an ‘E’ symbol.
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