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- Auckland fourth least affordable housing market in nine countries in new surveyRNZ Auckland's houses continue to rank amongst the most expensive on the face of the globe, in a relative sense at least, while Tauranga is not far behindAuckland is the fourth least affordable housing market among 92 major cities in nine countries in the latest Demographia survey.According to the survey, published on Monday, 10 times the median household income in Auckland is needed to buy a median-priced house, which cost $830,8100.Among major markets, Auckland trails only Hong Kong, Sydney and Vancouver.
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- Auckland's housing market has been ranked the fourth worst in the world and labelled "severely unaffordable".The latest international housing report surveyed 406 metropolitan housing markets in nine countries, with Auckland's placement among just 26 markets in the same category.The Christchurch and Wellington housing markets are also classified as severe.
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- Vancouver has been once again ranked one of the least affordable housing markets in the world, according to an annual survey from Demographia.It was the only Canadian city to crack the top 10 list, coming in third behind Hong Kong and Sydney, Australia out of 406 markets in the world.This is the second year in a row Vancouver ranked third after hitting second place in 2015.
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Auckland fourth least affordable housing market in nine countries in new survey
- Auckland fourth least affordable housing market in nine countries in new surveyRNZ Auckland's houses continue to rank amongst the most expensive on the face of the globe, in a relative sense at least, while Tauranga is not far behindAuckland is the fourth least affordable housing market among 92 major cities in nine countries in the latest Demographia survey.According to the survey, published on Monday, 10 times the median household income in Auckland is needed to buy a median-priced house, which cost $830,8100.Among major markets, Auckland trails only Hong Kong, Sydney and Vancouver.
. read more from here
'Severely unaffordable' Auckland housing market ranked fourth worst in the world
- Auckland's housing market has been ranked the fourth worst in the world and labelled "severely unaffordable".The latest international housing report surveyed 406 metropolitan housing markets in nine countries, with Auckland's placement among just 26 markets in the same category.The Christchurch and Wellington housing markets are also classified as severe.
. read more from here
Vancouver ranked third most unaffordable housing market in the world
- Vancouver has been once again ranked one of the least affordable housing markets in the world, according to an annual survey from Demographia.It was the only Canadian city to crack the top 10 list, coming in third behind Hong Kong and Sydney, Australia out of 406 markets in the world.This is the second year in a row Vancouver ranked third after hitting second place in 2015.
. read more from here
read more visit us Markets
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