{"id":38831,"date":"2016-12-22T10:45:45","date_gmt":"2016-12-22T03:45:45","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/vancouver-home-affordability-hits-record-low-but-may-be-at-a-turning-point\/"},"modified":"2016-12-22T10:48:51","modified_gmt":"2016-12-22T03:48:51","slug":"vancouver-home-affordability-hits-record-low-but-may-be-at-a-turning-point","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vancouver-home-affordability-hits-record-low-but-may-be-at-a-turning-point\/","title":{"rendered":"Vancouver home affordability hits record low but may be at a turning point"},"content":{"rendered":"<p>&#013;<br \/>\nBy Emma Crawford Hampel<\/p>\n<p>Vancouver\u2019s housing market remains the most unaffordable market in Canada by far, and in 2016\u2019s third quarter, affordability eroded further, according to RBC\u2019s Housing Trends and Affordability report released December 21.<\/p>\n<p>On average, in 2016\u2019s third quarter, Vancouverites needed to spend 92 per cent of their median pre-tax household income to service the costs of mortgage payments, property taxes and utilities, based on the average market&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/property\/international\/article\/2056519\/vancouver-home-affordability-hits-record-low-may-be-turning\" target=\"_blank\">Vancouver home affordability hits record low but may be at a turning point<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; By Emma Crawford Hampel Vancouver\u2019s housing market remains the most unaffordable market in Canada by&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-38831","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-a6j","jetpack-related-posts":[{"id":95809,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/housing-affordability-hits-weakest-level-in-a-decade\/","url_meta":{"origin":38831,"position":0},"title":"Housing affordability hits weakest level in a decade","date":"August 10, 2018","format":false,"excerpt":"\r CNBC\u2019s Diana Olick reports on the state of housing as affordability weakens.\r \r Source : cnbc.com\r Read more...Housing affordability hits weakest level in a decade","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":99206,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/housing-affordability-hits-10-year-low\/","url_meta":{"origin":38831,"position":1},"title":"Housing affordability hits 10-year low","date":"October 5, 2018","format":false,"excerpt":"\r CNBC's Diana Olick reports on the health of the housing market.\r \r Source : cnbc.com\r Read more...Housing affordability hits 10-year low","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":85230,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/no-relief-in-sight-housing-affordability-is-weakening-at-the-fastest-pace-in-a-quarter-century\/","url_meta":{"origin":38831,"position":2},"title":"No relief in sight: Housing affordability is weakening at the fastest pace in a quarter century","date":"April 14, 2018","format":false,"excerpt":"\r Rising home prices, rising mortgage rates and rising demand are colliding with a critical shortage of homes for sale.\r \r Source : cnbc.com\r Read more...No relief in sight: Housing affordability is weakening at the fastest pace in a quarter century","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111885,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-third-quarter-housing-supply-shrinks-adding-weight-to-policymakers-task-to-improve-affordability\/","url_meta":{"origin":38831,"position":3},"title":"Hong Kong\u2019s third-quarter housing supply shrinks, adding weight to policymakers\u2019 task to improve affordability","date":"October 25, 2019","format":false,"excerpt":"\r Hong Kong\u2019s property developers are completing homes at a slower pace, at precisely the time of their greatest need, a problem that underscores the housing shortage that has push affordability beyond the reach of an increasing number of buyers.The number of completed private residential units fell 31.3 per cent\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":85228,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/home-affordability-projected-to-weaken-at-the-fastest-pace-in-a-quarter-century\/","url_meta":{"origin":38831,"position":4},"title":"Home affordability projected to weaken at the fastest pace in a quarter-century","date":"April 14, 2018","format":false,"excerpt":"\r CNBC's Diana Olick discusses the housing market and diminishing affordability.\r \r Source : cnbc.com\r Read more...Home affordability projected to weaken at the fastest pace in a quarter-century","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41873,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/this-has-been-the-worlds-least-affordable-city-for-seven-years-in-a-row\/","url_meta":{"origin":38831,"position":5},"title":"This has been the world\u2019s least affordable city for seven years in a row","date":"January 25, 2017","format":false,"excerpt":"\r A slightly less expensive encore after a record 2015 Hong Kong SAR at night. cozyta\/Shutterstock Hong Kong has topped the 13th edition of Demographia\u2019s annual housing affordability survey, marking seven consecutive years of unbeatable home price to income ratios. It received a \u201cseverely unaffordable\u201d mark from the research house\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/38831"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=38831"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/38831\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=38831"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=38831"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=38831"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}