2012 Demographia International Housing Affordability Survey

Calgary was once again ranked as “moderately unaffordable” by the Demographia International Housing Affordability Survey.  In its 8th annual survey, Calgary was rated at a 3.9 which was down slightly from the 4.0 in 2011, and the 4.6 in 2010.

Of all the cities ranked worldwide, Vancouver came in second with a rating of 10.6.  That’s up from the 9.6 rating in 2011.   Hong Kong remained the most unaffordable with a 12.6

Here’s where some of the other Canadian cities ranked:

AFFORDABLE MARKETS

• Windsor (2.2)
• Thunder Bay (2.6)
• Fredericton (2.4)
• St. John (2.6)

MODERATELY UNAFFORDABLE MARKETS

• Winnipeg (3.4)
• Edmonton (3.5)
• Kitchener (3.7)
• Ottawa  (3.7)
• Saskatoon (4.0)

SEVERELY UNAFFORDABLE MARKETS

• Toronto (5.5)
• Kelowna (6.6)
• Victoria (6.8)
• Abbotsford (7.0)

For the full list of cities and to read the entire 2012 Demographia Report, click  here

Related posts:

2011 Demographia International Housing Affordability Survey