Canadians are eyeing moves to these cities for more affordable housing

Faced with elevated housing prices, half of Canadians in the country’s largest cities are considering moving to places with more affordable housing(opens in a new tab).
Fifty per cent of respondents in the greater regions of Toronto, Montreal and Vancouver said they would consider buying a property in cheaper cities if they were able to find a job or work remotely, according to a new Royal LePage survey released Wednesday.
Of renters surveyed, 60 per cent said they would be willing to relocate. Meanwhile, 45 per cent of homeowners polled said they would consider it. “(Housing) affordability has become one of the major social issues of our time,” said Phil Soper, president and CEO of Royal LePage, in a video interview with CTV’s News Channel on Wednesday. “The pandemic ushered in a new era of mobility, virtual technology and business practices, opening people’s eyes to the fact that we had some great and much more affordable — call it mid-sized — cities…“I would caution people though that people saying ‘I’d consider moving’ is not the same as people moving,” he said. ”I know after the 2016 election, we had a huge rise in Americans saying they would move to Canada but the actual number who did was quite small.” .Source:ctvnews.ca/