Prince George saw a greater than 10 per cent increase in home ownership costs between 2021 and 2022, according to the BC Northern Real Estate Board.
Northern and central B.C. saw an average 13.2 per cent increase in home ownership costs between 2021 and 2022, according to a report released by the BC Northern Real Estate Board.
“Affordability worsened in 2022 for a second consecutive year in all measured northern B.C. communities,” the report says. “Prince George, 100 Mile House, Quesnel, Smithers, and Williams Lake all recorded significant deterioration, with affordability worsening by more than 10 .” Prince George and Smithers were tied as the second-least affordable measured communities in northern B.C. at 37.6 per cent, followed by Terrace , Prince Rupert , Quesnel , Williams Lake , Kitimat and Fort St. John .
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