Rebuilding costs have also risen, since materials and labour to repair or rebuild a home after a claim cost more than they used to, which pushes up the coverage amount an insurer has to price for on every policy, the same cost pressure a $400 to $600 home inspection helps a buyer anticipate before closing.
Individual factors still matter within that broader trend. An older roof, outdated wiring or plumbing, or a prior claim on the property can move your specific premium well beyond whatever the general trend is doing.
Getting a quote before you buy or list, rather than assuming your rate will match a neighbour's, avoids a surprise at closing. Get your hand-reviewed valuation from Joel Dyck.