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Instead, by the end of 2021, the Canadian Real Estate Association's House Price Index had risen by 26.6%, the fastest annual pace on record. [50] Condominiums accounted for the bulk of new housing in BC (54%) and Ontario (59%), [ 51 ] and investors constituted an increasing share of the buyers of these units (41% in Ontario).
The median 2016 family income in Kensington–Cedar Cottage was $77,240, which is lower than the 2016 Vancouver average of $83,845. [ 5 ] Panethnic groups in the Kensington–Cedar Cottage neighbourhood (2001−2016)
The neighbourhood's residents have an average annual household income of $111,566 ($777,184 in Shaughnessy Heights) and the average house price is $2.89 million, the highest in Vancouver. [ 3 ] [ 4 ] It is also the site of many historical homes, especially in First Shaughnessy.
The City of Vancouver uses neighbourhood boundaries to break up the city's geographic area for delivering services and resources. The 22 official neighbourhoods are as follows: [1] Arbutus Ridge - Located in the middle of Vancouver's west side, characterized by tree-lined streets and heritage homes with large lot sizes.
Kerrisdale is a neighbourhood in the city of Vancouver, British Columbia, Canada. Kerrisdale is a neighbourhood located in Vancouver's west side. It features a mix of newer houses and older bungalows as well as various low and mid-rise rental and condo apartment buildings in its northern section.
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