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this post was submitted on 26 Jun 2024
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The news I see over there is that the housing market is even more fucked than the US one, though? Do people mostly rent?
Unless you want to live in a tiny rural town, housing prices are generally pretty fucked.
We paid over $700k CAD for a ~3000 sq ft home that's about 20 minute drive from a major city.
Most places are similar from what I know. A new build up the street from us is asking 1.5m CAD for something much smaller.
I know you aren't talking about GTA/GVA. At least in the last couple of years
No. I know those areas are kind of playing by their own rules. I'm located in southern Ontario, well outside of the GTA. I don't want to be any more specific because I don't want to dox myself.
I expect that for most mid sized cities/towns or rural areas nearby mid sized cities (within an hour or so), the pricing is similar. For the GTA, GVA, or even other large cities like Montreal or Ottawa, the prices are much higher