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Canada’s Average Home Prices Are Ridiculous Right Now & Things Could Get Worse

Do you have over $700K lying around? 😅🏠
Canada’s Average Home Prices Are Ridiculous Right Now & Things Could Get Worse

If you were wondering how much money you’d need to buy a house in Canada, the answer is a lot!

New research from Royal LePage Real Estate found that Canada’s aggregate home price right now is $749,165, which is a 14.1% year-over-year increase from the same time in 2020.

Editor's Choice: Canada Has Been Named The Best Country In The Entire World For The First Time Ever

[rebelmouse-image 26082945 photo_credit="Royal LePage Real Estate Services | Newswire" expand=1 original_size="2362x1402"] Royal LePage Real Estate Services | Newswire

If you think that that price is high, experts at Royal LePage think it’s going to get even more expensive.

Royal LePage's Market Survey Forecast predicts that prices will rise to $805,000 by the end of 2021, with homes in the Greater Toronto Area and Greater Vancouver Area expected to cost $1,035,000 and $1,276,000 on average, respectively.

The reason property is so pricey right now, according to the company’s research, is because “strong demand continues to outpace supply in virtually every market across the country.”

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The Queen made the announcement with "deep sorrow."

In a statement from the royal family, the Queen has announced Prince Philip's death.

The notice revealed that the Duke of Edinburgh, who would have turned 100 years old this year "passed away peacefully this morning at Windsor Castle."

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Daniel Kaluuya’s ‘SNL’ Monologue Included A Pointed Jab At The Royal Family (VIDEO)

He addressed issues of racism raised in Harry and Meghan's interview. 📺

During Daniel Kaluuya's Saturday Night Live monologue this weekend, the actor took a pointed jab at the British royal family.

He began by saying, “I know you’re hearing my accent and thinking, ‘Oh, no, he’s not Black! He’s British!’ I’m here to reassure [you] that I am Black.” 

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One little Toronto beaver trying to sneak onto the subway resulted in parts of the TTC being shut down on Thursday morning. 

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