Appreciation rate is the annual percentage increase in a property’s value over a specific time period.
It’s a critical metric for Canadian homebuyers and investors evaluating long-term property performance.
Key drivers include location, infrastructure, economic trends, interest rates, and housing market supply and demand.
Appreciation may be market-driven or forced through property upgrades like renovations and improvements.
A consistent appreciation rate helps grow equity, improves refinancing terms, and supports long-term financial planning.