Vancouver is the third most unaffordable among a survey of major world cities, according to an international study. And with affordability deteriorating faster than any other major city, Vancouver also has the worst housing bubble risk, the study says. Meanwhile, a new poll shows that millennials across B.C. say Vancouver is the first place they would like
A new real estate forecast for Canada predicts ups and downs ahead in 2017: Vancouver will slump, the GTA will soar, and Alberta should see some recovery after a rocky few years. Real estate in Canada’s largest markets became increasingly unaffordable for many in 2016, and the spectre of a crash loomed. “The price of
In his latest snapshot of housing unaffordability, researcher Andy Yan shows the percentage of Metro Vancouver homes valued over $1 million rose from 28 per cent to 43 per cent in 2016. For the past five years, Yan’s so-called “million dollar line” looking at home values based on data from B.C. Assessment has been a
