Housing Markets of Major Cities in British Columbia
| City | Average Home Prices (October 2022) | Population (2021) |
|---|---|---|
| Surrey | $1,075,000 -3.7% vs. 2021 | 568,322 9.7% vs. 2016 |
| Abbotsford | $790,500 -7.9% vs. 2021 | 153,524 8.6% vs. 2016 |
| Victoria | $943,834 -4.3% vs. 2021 | 91,867 7.1% vs. 2016 |
| Chilliwack | $710,690 -11.2% vs. 2021 | 113,767 12.1% vs. 2016 |
Where is the cheapest place in BC to buy a home?
1. Williams Lake. Williams Lake, the central part of the region known as Cariboo, is known for its top-rated water activities, beautiful neighborhoods, and rich cultural heritage. House prices in Williams Lake are extremely cheap compared to the rest of BC averaging at $254 350 from April and May of 2022.
Which province house is cheapest in Canada?
Saint John, New Brunswick
And due to its location, Saint John offers everything from an urban to rural lifestyle, including both the modern and historic. Provincially, New Brunswick recently lost out as the most affordable province in Canada. (Saskatchewan now holds that designation.)
What is the average cost of a house in Canada 2022?
Canada’s housing market continues to feel the effect of rising interest rates as Canada’s average home price remains 10% lower year-over-year. For October 2022, the average home price in Canada was $644,643.
What’s the average house price in Vancouver?
Townhouse prices increased by 7% year-over-year to $1.04M.
Greater Vancouver Area Breakdown by Region for October 2022.
| City | Benchmark Price | |
|---|---|---|
| #4 | North Vancouver | $1,330,800 |
| #5 | Vancouver West | $1,276,800 |
| #6 | Greater Vancouver | $1,148,900 |
What is the best small town to live in BC?
From the towering mountains to the beautiful coast, here are the 7 best places to live in British Columbia, small-town edition.
- Prince Rupert, BC. Robert Szymanski / Shutterstock.
- Fernie, BC. Kim MacKay / Getty Images.
- Cowichan Bay, BC. Moelyn Photos / Getty Images.
- Nelson, BC.
- Rossland, BC.
- Golden, BC.
- Ucluelet, BC.
Where is the nicest place to live in BC?
The Top 6 Best Cities to Live in British Columbia
- Vancouver.
- Victoria.
- Kelowna.
- Whistler.
- Kamloops.
- Nanaimo.
What is the cheapest province to retire in Canada?
What province has the lowest cost of living in Canada? If you’re looking for a life in a big city, then Manitoba is your best bet. You can find some great deals on apartments and houses in Winnipeg. Plus, the cost of living is quite low compared to other mega cities like Toronto or Vancouver.
Which is best city in Canada to buy a house?
Greater Moncton
How to read the table:
| Rank | Region | National average (+/-) |
|---|---|---|
| 1 | Greater Moncton | $-425,483 |
| 2 | North Bay | $-342,783 |
| 3 | Quinte West and Hastings County | $-180,383 |
| 4 | Tillsonburg | $-153,783 |
What is the best Canadian province to live in?
Best Provinces to Live in Canada
- Ontario – Job Opportunities.
- Quebec – European Flair.
- Alberta – Affordable with a Slower Pace of Life.
- British Columbia – High Standard of Living.
- Nova Scotia – Scenic Beauty.
- Manitoba.
What is the average house price in Alberta?
Alberta Housing Market as of November 2022. The average price of a home in Alberta was $422,709 in November 2022, a 1% decrease year-over-year and a 2% decrease compared to last month.
What’s the average salary in Canada?
The Average Salary for a full-time worker in Canada is $54,630 per year or $1050.59 per week.
What is the average salary in each Canadian province?
| Province & Territory | Average Salary (per year) |
|---|---|
| Alberta | $61,865 |
| Yukon | $61,812 |
| Ontario | $55,524 |
Where is the best place to live in Canada?
Best places to live in Canada
| Rank | City | Crime rate per 100,000 |
|---|---|---|
| 1 | Quebec City | 3,075 |
| 2 | Hamilton | 3,953 |
| 3 | Ottawa | 3,898 |
| 4 | Charlottetown | N/A |
What is a livable salary in Vancouver?
By Darrian Matassa-Fung Global News. Posted November 17, 2022 12:47 pm.
What salary do you need to buy a house in Vancouver?
How much you need to earn, based on region
| Region | Average price (all property types) | Household income needed |
|---|---|---|
| Vancouver East | $1,247,900 | $211,000 |
| Vancouver West | $1,385,400 | $233,000 |
| West Vancouver | $2,595,700 | $434,000 |
| Whistler | $1,369,400 | $231,000 |
How much money do you need to live comfortably in Vancouver?
Average Cost of Living per Month in Vancouver
The average cost of living in Vancouver is $3,959/month for a single person who rents. This average is based on many factors including the cost of housing, transportation, groceries, and entertainment.
Where is the most affordable place to retire in BC?
With its scenic mountains and coastal towns, the province is known for its high cost of living. With that in mind, there are a few places in BC that offer more reasonable housing prices. Inland cities like Kamloops and Kelowna have a more moderate climate than coastal areas, and they also tend to be more affordable.
Where is the safest place to live in BC?
Here are some of the best places to live in British Columbia.
- Oak Bay.
- Colwood.
- Cowichan Bay.
- North Saanich.
- Central Saanich.
- Saanich.
- Langford.
- Sidney.
Where is the best place to retire in BC?
Seven best places to retire in BC
- West Vancouver, BC. West Van is the highest ranking BC city on the list of best places to live, according to MoneySense.
- Victoria, BC.
- Nelson, BC.
- Vancouver.
- Duncan and Arbutus Ridge.
- Burnaby, BC.
- Surrey, B.C.
What is the most beautiful city in BC?
The Most Beautiful Towns in British Columbia
- Whistler. Architectural Landmark. View.
- Fernie. Natural Feature. View.
- Tofino. Natural Feature. View.
- Ucluelet. Natural Feature. View.
- Cowichan Bay. Natural Feature. View.
- Revelstoke. Ski Resort. View.
- Prince Rupert. Architectural Landmark. View.
- Rossland. Architectural Landmark. View.
What is the warmest place in BC?
Victoria, British Columbia
1. Victoria, British Columbia. Victoria, British Columbia holds the title for the warmest city in Canada during the winter. Daily average highs reach 9°C and nightly lows only drop to around 4°C.