Housing Affordability Issues in Vancouver

Vancouver

2022/09/21

Metro Vancouver residents think of moving out due to unaffordable housing costs and quality of life concerns. People most likely to leave the region are between 18-34 y.o, and residents of the City of Vancouver. The group least likely to consider moving are residents in the southwest sub-region of Metro Vancouver. 64% of Canadians are willing to relocate if it means they can afford a home. Prices in the region have escalated by as much as a third compared to just before the pandemic.