Facebook Ads Insights Tool

Facebook Ads Cost Per Lead Benchmarks for Real Estate in Canada

See how your CPL compares. Explore lead generation cost benchmarks by industry, region, and campaign type

Cost Per Lead for Real Estate in Canada

October 2024 - October 2025

Insights

Detailed observation of presented data

Key takeaways

  • This analysis looks at cost per lead trends for the Real Estate industry in Canada compared to the global trend, based on $3B worth of advertising data from our dataset, which provides strong directional benchmarks.
  • Overall level: Canada Real Estate ran well above market. The period average was 152.48 versus a global baseline of 37.06—about 4.1x higher.
  • Volatility: Extremely high month-to-month swings (average absolute change 159.8 vs. 3.4 globally), driven by a sharp surge in April–May and a swift reversion in June.
  • Seasonality: Costs rose into December, eased through Q1 to a March low, spiked in Q2 (notably May), then stabilized in July–August.
  • Trend over time: From September to August, costs fell 68.3% for Canada Real Estate, while the global baseline rose 12.6%.

Snapshot of the selected data

  • Average: 152.48 over Sep 2024–Aug 2025.
  • High/low: Peak at 790.16 (May 2025); trough at 29.00 (Mar 2025).
  • Start-to-end change: 191.98 (Sep 2024) to 60.80 (Aug 2025), a decrease of 68.3%.
  • Volatility: Average absolute month-to-month move of 159.8, reflecting very large fluctuations. Notable moves include:
  • Apr → May: +530.40, to the period high (790.16).
  • May → Jun: −747.53, collapsing to 42.63.
  • Seasonal shape:
  • Q4: Costs climbed into December (111.44) from October–November (81.34–84.62).
  • Q1: Steady cooling to a March low (29.00).
  • Q2: Exceptionally sharp spike in April (259.76) and May (790.16), then normalization in June (42.63).
  • Q3: Stabilized in the 38.64–60.80 range.

Comparison with the global baseline

  • Average level: Canada Real Estate averaged 152.48 vs. 37.06 globally—about 4.1x above market.
  • High/low context: The global high reached 41.58 (Nov), while Canada Real Estate hit 790.16 (May). The selected low (29.00 in Mar) briefly fell below the global low (31.12 in Oct), the only clear below-market month.
  • Volatility: Selected data’s month-to-month volatility (159.8) dwarfed the baseline (3.4), indicating far less stability than the broader market.
  • Trajectory:
  • Selected: −68.3% from Sep to Aug (191.98 → 60.80).
  • Baseline: +12.6% over the same span (32.88 → 37.03).

Notable monthly positioning vs. market

  • Above market (multiples of global median):
  • Sep: 5.8x; Oct–Dec: ~2.0–2.8x; Jan: 2.3x; Feb: 1.5x; Apr: 6.7x; May: ~20.0x; Aug: 1.6x.
  • In line with overall trends:
  • Jul: 38.64 vs. 38.67, essentially on par.
  • Below average:
  • Mar: 29.00 vs. 32.84, slightly below the global benchmark.

Understanding cost per lead benchmarks on Facebook Ads in industry Real Estate and Canada helps advertisers make more efficient budget and creative choices.

Understanding the Data

Insights & analysis of Facebook advertising costs

Facebook advertising costs vary based on many factors including industry, target audience, ad placement, and campaign objectives. In the Real Estate industry, Facebook ad costs can be influenced by seasonal trends and market competition. For campaigns targeting Canada, advertisers should consider local market factors and user behavior. Different campaign objectives lead to varying costs based on how Facebook optimizes for your specific goals. The data shown represents median values across multiple campaigns, and individual results may vary based on ad quality, audience targeting, and campaign optimization.

Why we use median instead of average

We use the median CTR because the underlying distribution of click-through rates is highly skewed, with a small share of campaigns achieving extremely high CTRs. These outliers can inflate a simple average, making it less representative of what most advertisers actually experience. By using the median—which sits at the midpoint of all campaigns—we provide a more rigorous and realistic benchmark that reflects the true underlying data model and helps you set attainable performance expectations.

Key Factors Affecting Facebook Ad Costs

  • Competition within your selected industry and audience demographics
  • Ad quality and relevance score – higher quality ads can lower costs
  • Campaign objective and bid strategy
  • Timing and seasonality – costs often increase during holiday periods
  • Ad placement (News Feed, Instagram, Audience Network, etc.)

Note: This data represents industry median values and benchmarks. Your actual costs may vary based on specific targeting, ad creative quality, and campaign optimization.

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The data behind the benchmarks

All data is sourced from over $3B in Facebook ad spend, collected across thousands of ad accounts that use Superads daily to analyze and improve their campaigns. Every data point is fully anonymized and aggregated—no individual advertiser is ever exposed.

This dataset updates frequently as new ad data flows in. It will only get bigger and better.

Canada Advertising Landscape

National Holidays

Jan 1New Year's Day
Feb (3rd Mon)Family Day
Apr 18Good Friday
Apr 21Easter Monday (federal)
May (Victoria Day)Victoria Day
Jul 1Canada Day
Sep (1st Mon)Labour Day
Oct (2nd Mon)Thanksgiving
Nov 11Remembrance Day
Dec 25Christmas Day
Dec 26Boxing Day

Key Shopping Season

Late November (Black Friday and Cyber Monday), December (holiday shopping, Boxing Day), Back-to-school (August-September), Mother's Day (May)

Potential Advertising Impact

CPM might increase during Canada Day, Labour Day, and Thanksgiving. Black Friday and Cyber Monday see heightened e‑commerce bidding. December holiday period may spike ad costs. Back-to-school and Mother's Day drive retail competition. Provincial holidays might alter weekday inventory availability.

What is considered a good cost per lead on Facebook in 2025?

A good CPL usually ranges from $10 to $50, depending on your industry and target audience. B2C offers tend to be cheaper, while B2B or high-ticket services may see CPLs over $100.

Why is my CPL higher than industry averages?

Your CPL could be high due to weak creative, irrelevant targeting, or an offer that doesn't resonate. Low engagement or poor conversion rates on your landing page can also drive up costs.

Does campaign objective impact CPL?

Yes. Campaigns optimized for conversions or leads tend to generate cheaper and more qualified leads compared to traffic or engagement objectives. Facebook needs clear signals to find the right users.

How can I generate leads at a lower cost without hurting lead quality?

Focus on improving your offer, targeting the right audience, and using high-converting creative. Test native lead forms, but make sure you're still qualifying users properly.

Should I optimize for leads or conversions if my goal is pipeline growth?

If your goal is sales or revenue, optimizing for deeper funnel conversions is better. Optimizing for leads alone can inflate volume but hurt quality.