Have rising home prices driven you to leave Canada? We want to hear from you
The Bank of Canada’s resolution to lift its key rate of interest on Wednesday in an effort to deal with rising dwelling costs comes at a time when numerous Canadians are battling excessive housing prices.
Some are even leaving the nation searching for extra reasonably priced housing, based on Far Homes, an actual property web site that helps foreigners buy properties in Mexico. Research carried out by the corporate reveals an rising variety of Canadians have been migrating to Mexico since 2020. Recent surveys present a major issue behind this development is Canada’s rising price of residing.
Others have been searching for lodging past homes or flats. Terri Smith-Fraser, a 57-year-old girl from Nova Scotia, has began residing in her van full-time as a result of she couldn’t afford hire costs in Halifax. The common worth to hire a house in Canada has climbed considerably over the previous few years, based on Rentals.ca.
If you’re struggling to seek out reasonably priced housing amid Canada’s cost-of-living disaster, CTVNews.ca desires to listen to from you.
What are you doing to deal with right now’s housing market situations? Are you getting ready to maneuver exterior of Canada searching for extra reasonably priced housing? How else are you making an attempt to economize to buy a house?
Share your questions by emailing us at dotcom@bellmedia.ca together with your title, common location and cellphone quantity in case we wish to comply with up. Your feedback could also be utilized in a CTVNews.ca story.
