Property Prices in Vancouver, Canada

Index Info
Price to Income Ratio: 14.58
Mortgage as Percentage of Income: 130.82%
Loan Affordability Index: 0.76
Price to Rent Ratio - City Centre: 25.61
Price to Rent Ratio - Outside of Centre: 20.75
Gross Rental Yield (City Centre): 3.90%
Gross Rental Yield (Outside of Centre): 4.82%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,802.78 C$ 2,400.00-3,200.00
Apartment (1 bedroom) Outside of Centre 2,284.62 C$ 1,800.00-2,700.00
Apartment (3 bedrooms) in City Centre 5,047.42 C$ 3,800.00-6,800.00
Apartment (3 bedrooms) Outside of Centre 3,838.17 C$ 3,000.00-5,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 1,455.23 C$ 1,099.99-1,999.98
Price per Square Feet to Buy Apartment Outside of Centre 931.91 C$ 799.99-1,230.96
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 4,406.20 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.54 5.19-7.00

These data are based on 446 entries in the past 18 months from 98 different contributors.
Last update: May 2024

Sources and References
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3 Comments so far
Calamoroki on Aug 05, 2023:
Income needs to be at 100k+ to be sustainable in West End as a single person. Bottom line. Traffic; laughable. Homelessness.. insane. OD every day i guarantee it, and it's probably because they're stuck here with nowhere else to go, no where to live even if they work full time sometimes.. so they'd rather be dead.
Anonymous on Apr 19, 2021:
Housing costs do not match salaries. Vancouver is experiencing a housing crisis and an overdose crisis.
Briannaa on Apr 16, 2021:
I would like to know what is going rate in West Vancouver for commercial store retail average par square foot to sell