… The jump in Vancouver home prices, combined with higher interest rates and stress tests, means that a buyer would need an annual income of $235,650 to buy a home in Metro Vancouver last month, up from $226,800 in May.
Vancouver’s average home price increase was more than double the rate of the next two cities: Toronto was up $6,900 to an average home price of $1,171,300, and Victoria was up $6,500 to $885,100.
