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Canadians more optimistic of housing market – survey

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Ephraim Vecina | 20 Apr 2016, 08:15 AM Agree 0
Analysts attributed the more upbeat climate to the real estate market’s health, which is seen as continuing to prop up the Canadian economy
  • NoXungThien | 25 Apr 2016, 10:11 AM Agree 0
    What kind of optimistic for housing market is this ? Look closely to pricing & the cost to own a house ( property tax, utilities, mortgage ... on top of other tight spending needs minus vacation ! ), how can a young couple in 30 or even 40 of middle class with average combined income of 150k + 2 kids afford a house to call their own ---> average of 500k in GTA or close to 60 minutes driving to work ( ah ! gas price is "low" in Canada, too ) area still over 300k to 400k. This is BS ! I wish the market correction comes soon to reflect the true value of the Canadian housing market since this is only good for the realtors not the buyers !
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