Real estate firm Point2 Homes recently analyzed their data across North America and found that Vancouver (read: NOT New York City) is the most unaffordable on the continent. They gauged affordability by creating a ratio of the median home price to the median income levels.
Our study found that Vancouver is North America’s most unaffordable real estate market. With its insane affordability gap, Vancouver exceeds even notoriously inaccessible Manhattan, and all other North American markets. In fact, 32 out of the 50 locations we analyzed are considered seriously and severely unaffordable.
Check out the accompanying article for more insights and data.
via Viewing NYC Tips
Matt Coneybeare
Editor in Chief
Matt enjoys exploring the City's with his partner and son. He is an avid marathon runner, and spends most of his time eating, running, and working on cool stuff.
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