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

 

 

One response to “2012 Demographia International Housing Affordability Survey

  1. Pingback: 2011 Demographia International Housing Affordability Survey | Calgary Real Estate Review

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