Tuesday, May 5, 2015

Housing Affordability in Cariboo-Chilcotin

250 News looks at housing affordability in the North. The report from the BC Northern Real Estate Board says housing remains affordable in the North

The average price of a single family home in Northern BC last year was $280 thousand, that is significantly less than the average price in Vancouver which hit $880 thousand last year.

For the Cariboo-Chilcotin:

100 Mile House - 33% of income for housing required
Williams Lake - 28.6% of income for housing required
Quesnel - 26.5% of income for housing required

Read more here

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