Vancouver is the only North American city to feature in a new ranking of home price increases from global real estate firm Knight Frank.
With a 12-month increase in prices between the third quarter of 2015 and the same period of 2016, Vancouver ranks 9th
behind eight Chinese cities, led by Nanjing.
Vancouver is shown with a 24 per cent price rise and there are also significant rises for Victoria (15th
in the listings) with a 17.9 per cent rise; Toronto (19th
) with 16.4 per cent; Hamilton (27th
) with 13.1 per cent; Winnipeg (79th
) with 4.6 per cent; Ottawa-Gatineau (108th
) with 0.9 per cent; and Montreal (114th
) with 0.2 per cent.
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