Price-to-Income Ratios Across Metro Vancouver

What This Means:

• Affordable Threshold (5x): Financial experts typically consider housing affordable when it costs 5 years or less of household income
• All municipalities far exceed this threshold - even the most "affordable" options require 6+ years of income
• Detached homes now require 13-24 years of income across the region
• Condos are the most accessible option but still require 6-10 years of income
• The gap continues to widen as prices increase faster than incomes