Kitimat remains as the most affordable community in Northern B.C. when it comes to home ownership, according to the Housing Affordability Study for Northern BC.
The report was prepared for the BC Northern Real Estate Board by Rory S. Conroy, and showed affordability among Northern B.C. communities which saw 75 of more home sales for 2011.
According to the affordability index, using the median community income from the 2006 census — which for Kitimat was $84,979 for all family types — Kitimat homeowners spend 15.3 per cent of pre-tax income on home ownership.