The real problem with Vancouver’s outrageous house prices

[chowhou]

Originally Posted by BaddieB

First link shows average home prices at $520k, which is about a $700k CAD. Compare that to the average Vancouver price of $2.5M, or median of $2.1M. That's why I said compared to Vancouver.

Phoenix real estate is barely up, inflation adjusted, since 2006.

https://arizonarealestatenotebook.com/phoenix-real-estate-market-glance-charts/

Meanwhile, real state broadly across Canada has doubled, inflation adjusted, since 2006.

https://www.globalpropertyguide.com/north-america/canada/home-price-trends