Vancouver Housing Stays Globally Desirable

Vancouver placed 24th among 1K global cities, staying inside the top 25 as strong economics and human capital helped offset housing pressure.
Its ranking drew strength from economics and talent, while housing affordability weighed on quality of life in a city that remained highly desirable.
A housing affordability study put Vancouver's median multiple near 11, placing the city among the least affordable major markets despite its global appeal.
An economist said Vancouver residents spent a larger share of income on housing than residents of nearly any other city, making costs a defining constraint.
A housing agency said a supply gap and slower housing starts through 2026 help explain why broader affordability improvements have not fully reached Vancouver buyers.