Factors That Affect Housing Prices

Why Some Cities Cost More to Live In (Ahem, Vancouver)

Mitch Parker | Posted 09.05.2012 | Canada Business
Mitch Parker

When we see real estate prices in the news, we often get a lumped valuation of a specific city or country as a whole. The reality is that no matter how the market is performing, there will always be neighbourhoods that are increasing and ones that are in decline. Why is that? Here are few factors that can affect local real estate prices in any city.