Vancouver Wins Again!! … Wait…

CBC British Columbia – Vancouver house prices still highest in Canada

I’d like to buy a house someday. I just don’t think, given current trends and markets, that said house will be bought in Vancouver. Setting aside the concept of whether or not I want to raise kids in an urban setting (the jury’s still out on that one,) I simply cannot see the capability of buying a house – the kind with a front and back lawn and maybe a little garden – at Vancouver’s prices within my foreseeable future.

The average cost for a house in Vancouver is $518,176, which is up nearly 25% over what it was this time last year. Victoria came in second at $515,755, and somewhere further down the line Toronto trailed in at $365,537.

Not that I’m thinking about buying a house any time soon, but even if I was, these are numbers that I can’t actually comprehend. I love this city, but when I do reach a point when I’m thinking about buying a house, I will be moving on from here if this trend continues. I don’t mean to the ‘burbs.

2 Comments so far

  1. Jonathon Narvey (unregistered) on June 14th, 2006 @ 8:20 pm

    You have my sympathies. I did recently purchase a condo near Cambie and 10th. I’ve pretty much given up the dream of a big house and a yard inside a white picket fence (at least, in Kitsilano), but a small part of me holds out hope for a down-payment sized windfall when I finally get my novel published. Good luck on your real estate journey.

    By the way, I blogged about this topic on my own site fairly extensively back in March. You can check out the archived posts at

  2. gouri deb (unregistered) on June 20th, 2006 @ 2:02 pm

    i would like to buy a house in vancouver, BC , Canada,
    gouri deb

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