Property Prices in Langley, BC, Canada

Index
Price to Income Ratio:	9.05
Mortgage as Percentage of Income:	70.62%
Loan Affordability Index:	1.42
Price to Rent Ratio - City Centre:	25.32
Price to Rent Ratio - Outside of Centre:	20.68
Gross Rental Yield (City Centre):	3.95%
Gross Rental Yield (Outside of Centre):	4.84%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	1,592.86 C$	1,200.00-2,000.00
Apartment (1 bedroom) Outside of Centre	1,400.00 C$	900.00-2,000.00
Apartment (3 bedrooms) in City Centre	2,920.00 C$	2,800.00-3,466.00
Apartment (3 bedrooms) Outside of Centre	3,812.00 C$	2,500.00-6,548.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	824.19 C$	600.00-1,249.99
Price per Square Feet to Buy Apartment Outside of Centre	722.22 C$	500.00-999.99
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	4,600.00 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.83	2.13-8.75

These data are based on 53 entries in the past 18 months from 10 different contributors.
Last update: June 2023

Sources and References

Nearby cities:

Property Prices in Aldergrove	9.15 miles
Property Prices in Surrey	11.06 miles
Property Prices in White Rock, BC	11.96 miles
Property Prices in Port Coquitlam, BC	15.10 miles
Property Prices in New Westminster	16.16 miles
Property Prices in Coquitlam	17.02 miles
Property Prices in Abbotsford	17.45 miles
Property Prices in Burnaby	21.76 miles
Property Prices in Richmond	27.09 miles
Property Prices in Vancouver	28.03 miles

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country data (source The World Bank, 2021)
GDP Per Capita ($) :	49,031.00
GDP Growth Rate:	1.66%
Population Growth Rate:	0.77%