1. Alberta

Alberta leads as the most affordable province, with property prices rising 76% since 2006—significantly below the national average of 151%. Adjusted for inflation, prices rose only 19%. Apartments in Alberta saw the smallest price hike.

2. Newfoundland and Labrador

Newfoundland and Labrador saw a 113% price increase from 2006 to 2024, or 44% when inflation-adjusted—25% lower than Canada’s average. Two-storey homes had the most moderate increases here.

3. New Brunswick

With a 131% increase (57% with inflation), New Brunswick remains affordable, 13% below the national trend. One-storey homes experienced the smallest gains.

Least Affordable: Ontario

Ontario has the highest price growth at 203% (105% with inflation), led by townhouses.