Toronto real estate isn’t doing so hot, and Toronto and Vancouver see huge growth in six-figure households, but stagnant median incomes.
![It’s Official, Vancouver Household Incomes Make No Sense [Interactive]](https://i0.wp.com/betterdwelling.com/wp-content/uploads/2017/09/It%E2%80%99s-Official-Vancouver-Household-Incomes-Make-No-Sense-Interactive.jpg?resize=856%2C481&ssl=1)
We mapped Vancouver’s latest Census income numbers, so you can accurately explain to your neighbors why real estate prices don’t make sense.
Vancouver detached real estate got slightly more expensive, but the rapidly decelerating price growth is what’s worth noting.
Toronto real estate prices are falling, and bankruptcies are on the rise in Canada’s most expensive cities.
Metro Vancouver residents are filing for bankruptcies at a much faster rate than last year, but overall the numbers remain fairly low.
Vancouver real estate saw the first inventory decline in months, helping to push condo prices higher – and dragging the price index with it.
Vancouver real estate prices have been getting a boost from the subprime borrowing program, but applications are starting to slow.
More Canadians are borrowing against their home equity, and Toronto real estate tops the new inventory numbers from CREA.
Vancouver real estate is seeing new listings plummet, but not as fast as sales. This may contribute to further tapering of price growth.
Canadian real estate sales are falling faster than the industry is anticipating, and condo sales hit an all-time high across the country.
