The average first-time buyer in Vancouver now needs more than a decade to save for the minimum down payment on a house under tough new federal mortgage rules, a sign that affordability in Canada’s most expensive cities has reached crisis levels.
http://www.theglobeandmail.com/report-on-business/economy/housing/house-prices-soar-but-condos-becoming-more-affordable/article28957142/
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NEW PRICE $1,169,000
16-4411 WILLIAMS ROAD, RICHMOND BC (click on image for details)
Photo courtesy of TOURISM VANCOUVER
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