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Housing affordability survey finds it's harder than ever to go from renting to owning a condo in Canada

from Huffington Post

Canada's housing crunch is like a game of whack-a-mole. Solve one problem, and another pops up somewhere else. Runaway price growth for single-family homes is a thing of the past in Toronto and Vancouver today, thanks to rising interest rates and tougher mortgage rules. But with prices still high, buyers have turned to other options. Or really the one other option that exists: condos. more


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