Housing Market: Our view changes everything

On PEI there is no view like an island view.

Islanders are blessed to live in a country where the general standard of living ranks among the very best in the world. Prince Edward Island performs very well in many measures of well-being relative to other provinces. PEI ranks above average in areas such as early learning and childcare, home ownership, and work-life balance.

Home Ownership

Home ownership in PEI combines affordability with a stable, solid investment. Compared to a year earlier, house prices in PEI were up 5 per cent in July 2016. That stood in contrast to sharp rises in several major cities and declines in most others.

"Charlottetown is right in the sweet spot as a place to live in the Atlantic provinces…Charlottetown and Prince Edward Island relative to the rest of Atlantic Canada - it is definitely our number one and number two story overall.”

- Canada Mortgage and Housing Corporation spokesperson, July 2016.

High Quality Early Learning and Child Care

Prince Edward Island’s outstanding early childhood system plays an important role in providing work­-life balance and reducing stress for Island families.  

The Ontario Institute for Studies in Education’s most recent benchmarking report ranked PEI’s early learning and child care system in a first place tie with Quebec. In addition to quality, PEI offers Canada’s highest level of access to regulated care and among the lowest average costs.


Published date: 
October 18, 2016
Executive Council Office

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