Sentences with phrase «skyrocketing housing prices»

Many are bracing for a rapid change in Birdland's demographics once Apple Park opens, as longtime residents — many of whom are retired and middle class — cash in on skyrocketing housing prices and increased demand.

The author explains that the rising costs stemming from tech entrepreneurship and skyrocketing housing prices continue to drive out working class or middle class professionals who are unable to afford multi-million dollar homes.

The provincial government has been facing increasing pressure to take action to address skyrocketing housing prices across the Lower Mainland, which encompasses Canada's most expensive real estate market.

A notable ripple effect from the booming markets in Alberta was observed in Saskatchewan as Saskatoon reported unprecedented spikes in house prices and activity, driven by in - migration and strong demand as former residents returned from cities like Calgary, escaping skyrocketing housing prices and the rapidly rising cost of living, says Royal LePage.

However, when faced with skyrocketing housing prices and navigating Canada's mortgage process, the concept of owning a home may seem daunting to newcomers unfamiliar with Canada's real estate market or financial institutions.

Skyrocketing house prices.

While many are skeptical about whether or not this tax was the right policy tool, an influx of foreign investment capital, as seen in the Lower Mainland and other urban centres, does contribute to skyrocketing housing prices.