Vancouver housing second least affordable in world: report

Vancouver housing is the second least affordable in the world after Hong Kong, according to the 15th annual Demographia International Housing Affordability Survey.
This year Vancouver bumped Sydney, Australia to be in the No. 2 spot after three years at No. 3.
Despite some correction in the housing market, mainly with the higher end market, the report says Vancouver’s affordability continues to deteriorate.
Following Vancouver on the list for least affordable housing are Sydney, Melbourne,