Source: White Horse Star —
Buying a home in Whitehorse and the Yukon has become substantially more difficult to do in the last year.
The latest real estate numbers show the average price of a home in the city is now just over $650,000.
That marks an increase of more than $100,000 since 2020.
It’s also a jump of $60,000, or 10.2 per cent, compared to the first quarter of 2021 ($590,700).
That’s more than enough to cause ripples of concern throughout the territory.
Denny Kobayashi, a spokesperson for the Yukon Chamber of Commerce, was one of those people saying it’s not good news for people.
He told the Star it isn’t surprising, but he was taken aback by just how much real estate prices have rocketed upward.