Priced out of Ontario, homebuyers turn their eyes to the Calgary real estate market | Globalnews.ca

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Priced out of Ontario, homebuyers turn their eyes to the Calgary real estate market

Experts see similarities between behaviour of Canadians, foreigners investing in residential real estate

WATCH ABOVE: Ottawa aims to cool Canada's housing market by cracking down on foreign investors. Though, experts say foreign investors aren't too different from corporate investors and every day Canadians, including dozens of MPs from all political parties, who are landlords. As David Akin explains, it's highlighting how domestic investment contributes to the housing crunch.

 

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Priced out of Ontario, homebuyers turn their eyes to the Calgary real estate marketAs Ontario's sizzling real estate market puts home ownership out of reach for many Canadians, a growing number of prospective buyers are looking west in hopes of achieving their white-picket-fence dreams. House prices in Ontario are nuts. Everyone is getting offers that are over the asking price. Even people with 1 million dollar and up homes are looking elsewhere. Why not cash in and buy a nice lil house in AB or the east coast? Live mortgage free with money to live. This city isn't worth the $$ Jobs jobs jobs
Source: CP24 - 🏆 30. / 67 Read more »

Priced out of Ontario, homebuyers turn their eyes to the Calgary real estate marketAs Ontario's sizzling real estate market puts home ownership out of reach for many Canadians, a growing number of prospective buyers are looking west in hopes of achieving their white-picket-fence dreams. House prices in Ontario are nuts. Everyone is getting offers that are over the asking price. Even people with 1 million dollar and up homes are looking elsewhere. Why not cash in and buy a nice lil house in AB or the east coast? Live mortgage free with money to live. This city isn't worth the $$ Jobs jobs jobs
Source: CP24 - 🏆 30. / 67 Read more »