B.C. Housing Markets Continue to Be Least Affordable in Canada

KeysToBuyingYourHome.jpgIt probably comes as no surprise to residents of British Columbia – especially those in Vancouver, Victoria and the Fraser Valley – but the province once again has the least affordable homes in Canada. Toronto and Nanaimo round out the top 5, at third and fifth respectively.

All is not equal across Canada

According to the Canada Mortgage and Housing Corporation (CMHC), housing markets are expected to remain stable for the rest of the year, and housing starts are expected to moderate in 2015 and 2016.

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