Go to the Globe and Mail homepage

Jump to main navigationJump to main content


Vancouver’s record-high real estate prices ‘an eternal problem’ Add to ...

Subscribers Only

It was inevitable, after a record-breaking year for real estate sales in Metro Vancouver, that January’s round of property assessments would trigger demands the government do something about the rising cost of housing.

Assessments have spiked in a number of B.C. communities but in Vancouver, where the average selling price for a single detached home exceeded $2.5-million late in 2015, affordable housing is more of a political phrase than a reality.

Report Typo/Error

Follow on Twitter: @justine_hunter

Also on The Globe and Mail

Why co-owning homes is on the rise in Vancouver (CTVNews Video)

Next story


In the know

The Globe Recommends


Most popular videos »


More from The Globe and Mail

Most popular