Are Toronto housing prices prompting you to leave? CTV News wants to hear from you [Video]

The average price of a home in nearly half of Toronto’s neighbourhoods has already surpassed $2 million and a new report is warning that prices in other neighbourhoods will soon reach that benchmark as well.

According to a report by real estate listing website Zoocasa, all Toronto neighbourhoods will hit the $2 million average price mark by 2034 if prices continue to rise at the same average rate they have over the last decade.

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Homeowners aren’t alone in the struggle, either – renters are also feeling the crunch. Between 2016 and 2021, average rental prices in Ontario rose by nearly 30 per cent. With the average Toronto two-bedroom apartment currently going for just over $3,000 a month, a report by the Angus Reid Institute poll recently found that nearly 60 per cent of renters in the city are “seriously” considering leaving.

Approximately one out of …