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Vancouver is in a "full-blown crisis" for housing affordability: report

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A new report from the Royal Bank of Canada is painting a bleak picture of just how unaffordable and unattainable buying a home in Vancouver is.

The report, which looks at housing trends across the country, found that it has never been as expensive to own a home anytime, anywhere in Canada as it was in Vancouver in the last quarter of 2023.

Global's Angela Jung reports.

For more info, please go to https://globalnews.ca/news/10401449/vancouver-full-blown-crisis-housing-affordability-report/

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Category
U.S. & Canada
Tags
global news, global bc, real estate
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