Vancouver in top 10 global cities for price jumps

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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