house prices in ontario

If you're looking to buy a house in Canada, it can help to know just how much money you need to make to actually be able to afford it.

While the Canadian real estate market is still full of challenges and high housing prices, there are still some homes for sale in Ontario and British Columbia — the two most expensive provinces to buy a home — that could be considered affordable for first-time homebuyers.

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People around the globe are often gobsmacked when they find out just how low the prices of houses are in Texas.

Realtor Isaiah Ramos (@isaiah_ramos_rgv_realtor) recently shared a TikTok video showing a massive four-bedroom, freshly constructed house for sale in Alamo, TX, and its $366,500 price tag is shocking so many users.

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To say that COVID-19 slightly nudged Ontario's housing prices in favour of sellers would be the understatement of the year. Things were bleak. But the pendulum appears to finally be swinging the other way.

According to housing news outlet Better Dwelling, Ontario recorded the "largest percentage point drop from peak" in all of Canada in 2022, with declines steep enough to be considered a "crash" in some markets.

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Toronto rent prices are becoming increasingly high, making it quite unaffordable for many people in the city. But what would you do if you needed to live downtown and had no money? Maybe find a roommate.

Someone posted a screenshot of a call-out found on Facebook to Reddit on Wednesday, and the thread has over 800 comments because the room is so small.

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Despite this year's downward trend in the real estate market, first-time buyers hoping to invest in a Toronto home within the next decade remain out of luck because it's still expensive AF. At least, that's what the latest pricing forecast by Royal LePage suggests.

According to the real estate company, the average housing price across various units (condos, single-detached, detached homes etc.) in the Greater Toronto Area (GTA) is set to decrease by 2% in 2023, down to $1,056,734.

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