RBC: Homeownership costs are now 91 per cent of Vancouverites' income - Macleans.ca

RBC: Homeownership costs are now 91 per cent of Vancouverites’ income

But affordability is deteriorating across Canada

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Nothing, of course, could persuade condo king Bob Rennie that the Vancouver housing market is in a bubble (or, worse yet, a bubble that’s starting to let the air out).

For everyone else, take a look at this chart RBC put out today with its latest survey of housing affordability in Canada (which is deteriorating in most provinces, by the way):

*As usual, clicking on the chart will open the full-size version