No Pain at the Top? $1 million-plus home sales soared in Oakland County in 2020

**softailrider** · February-08-21, 02:07 PM

Originally Posted by 401don

At least in the Detroit area you can still buy a relatively inexpensive home, especially with current interest rates. Here in Toronto, the average price of a detached house is 1.5 million.

That's very expensive. That's Canadian money but still very expensive.

**401don** · February-08-21, 02:28 PM

Originally Posted by softailrider

That's very expensive. That's Canadian money but still very expensive.

Unfortunately for most Canadians, they make Canadian money.

With the constant immigration, and land use restrictions [[sprawl has really been capped here) there's a tremendous shortage of housing. It has led to a flood of retirees cashing in on their homes and moving to southwestern Ontario. Every town from west of Toronto all the way to Windsor is trying to attract them.