Vancouver now ranked as the 3rd-least-affordable housing market globally | Urbanized – Daily Hive

The median multiple is the price-to-income ratio, which is the median house price divided by the gross median household income, pre-tax.

Calgary is tied at 10th place with Kansas City, Louisville, Tulsa, and Detroit for most affordable markets, with a median multiplier of 4.0, while Montreal is tied at 60th place with Plymouth/Devon and Austin at 6.1.

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