Canada vs Panama
Housing Market Comparison
Live DataLast updated: March 31, 2026·Source: OECD, Numbeo & National Statistics
💡 Why it matters: Canada vs Panama
Panama is 71% more affordable. Mortgage rates: Canada 5.2% vs Panama 6.5%.
| Metric | Canada | Panama |
|---|---|---|
| Avg Home Price | $550,000 | $160,000 |
| Price / sqm | $6,800 | $2,200 |
| Avg Rent (1BR) | $1,800/mo | $700/mo |
| Mortgage Rate | 5.2% | 6.5% |
| Homeownership | 67.0% | 75.0% |
| 1yr Change | -2.1% | +2.5% |
Top Cities in Canada
Top Cities in Panama
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HomePricePeek Research TeamData Specialists
Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.
✓ OECD, Numbeo & National Statistics✓ Updated 2025
Frequently Asked Questions
Is Canada or Panama cheaper for housing?
Panama has more affordable housing, with prices 71% lower.
Which has lower mortgage rates?
Canada has lower mortgage rates at 5.2%.
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