Ontario is considered the most expensive real estate market in Canada. First-time homeowners will look up the prices of homes in Toronto and the GTA just to find out they can’t afford it. However, if you are willing to change up your lifestyle and embrace remote work, the scenario changes. There are cheap places to live in Ontario that could offer everything you are looking for. Questions for me? Ask me here: [ Ссылка ]

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0:00 10 Cheapest Cities in Ontario
1:23 Rainy River ON
2:19 Deep River ON
3:51 Thunder Bay ON
5:04 Sault Ste. Marie ON
5:57 Sarnia ON
7:25 Windsor ON
8:18 North Bay ON
9:10 Sudbury ON
10:07 Peterborough ON
11:00 Kingston ON

Canada’s housing market may be entering the latter stages of its cyclical downturn. Prices in Ontario and British Columbia, which saw the biggest increases during the pandemic boom, continue to see the biggest declines

The largest drops in the MLS home price index in Ontario were in Cambridge, down 22 per cent, London, 18 per cent, Brantford, 18 per cent, Kitchener-Waterloo, 17 per cent, Kawartha Lakes, 17 per cent, and Hamilton-Burlington, 17 per cent. In British Columbia, the biggest decliners were Chilliwack, down 18 per cent and Fraser Valley, down 12 per cent

A buyer or a new investor, waiting to make their first ever property purchase, has one concern; “how much do the prices fall during the recession in Canada?” Canada’s housing market has been less volatile. Since 2008-09, the housing market has recovered well. Home prices are near 2008 highs. Housing starts aren’t meeting demand

The Canadian housing market is affected by several factors. Near-record home prices. Recessions change the housing market. As Canadians struggle with soaring interest rates, the next few months hold clues on whether there will be a surge in forced sellers
hey burst.

Disclaimer: This channel is for education purposes only and opinions expressed in this video are based on personal research and should be treated as such. These are not instructions, suggestions, nor directions as to how to handle your money. The facts and figures presented in this video are up-to-date based on the recording. These may have changed based on when you watch the video, please, always do your own due diligence! The description of this video includes Affiliate links (I get paid at no cost to you for trying out a particular service.)

#cheapestcities #costoflivingincanada #remotework

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