Sunday, September 19, 2021

Sky High Cost of Homes in The Toronto Area.

The cost of homes in Canada's major metropolitan areas has gone sky-high. The average price of houses in Vancouver increased 14.5 % to $1,117 million from June 2020 to June 2021. In the second quarter of this year, home prices in the Toronto area rose 18.2 % to a median price of $1.03 million. A June poll by the Vancouver polling firm, Research Co. found in B.C. and Ontario, 19% of respondents said housing issues were their main concern.

For those who cannot afford a house in the city, the choice isn't very nice; they can live out of town and pay fares to commute to work there or pay big city rents, which ain't cheap.

 Boy, what a system we live under.

S.P.C. Members.

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