'You pretty much need help from your family': How do Torontonians feel about the housing market? We went to an open house to find out

What sort of house are you looking for?

Finding a house is frustrating because even with a nice showing—it’s beautiful, you love it, good price tag—you know that it’s potentially going to go for $600,000 to $700,000 above the asking price. So all of a sudden, what was in your price range is no longer in your price range. I always say to my parents, “I did everything right.” We went to university, we both work hard, have good jobs, and yet I can’t have the dream home my parents had without spending a lot of money.

I want to buy because I’m getting close to retirement. It’s 180 days away. I live in Mississauga because it’s closer to my work, but I’m looking to sell the place and come back to the city. I still have lots of friends around here. I’ve just started shopping this year, so I haven’t placed many bids yet, and I am not overly picky about the type of home. A detached house would be nice, but for my budget I’ll probably have to accept a semi-detached.

Enio: I’m moving into the city from Thornhill. Now that the kids are out of the house, I want to be in the urban centre.Richie: Today, this is our fifth. In total we’ve seen about a dozen. Every house we’ve seen today, if we’d buy any of those, we’d be happy. They mostly just need sheets and pillow cases—there is a lot of quality in the market.Richie: If there are five offers and they’re asking for $2 million, do you go in at $2.3 million? $2.5 million? $2.

House was on the market for $1,899,000, and sold for $2,450,000 according to the realtors’ Instagram.

Do not compare Toronto to NYC. If you do then you obviously know nothing about NYC. No Toronto is not a young NYC. Not even a distant cousin that no one talks about unless your forced to sit at a table with them at a wedding you never wanted to go to in the first place.

Well, wait till interest rates hit 10% for mortgages lol...

Really feeling gutted for these nice folks who only want a four-bathroom home of their own…

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