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Toronto's housing boom refills empty nests

But the longer young adults live with their parents, the fewer houses are put up for sale - and that scarcity is a big reason prices are soaring

Published Wed, Mar 15, 2017 · 09:50 PM
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Oakville, Ontario

JANET Barber does not dwell too much on the view from her driveway.

Many of her long-time neighbours up and down the block have cashed in on the area's soaring house prices and moved away. Where their modest wood homes once stood, much larger architect-designed houses of stone, steel and glass fill the lots. Across the street, a big sign plastered with "Sold" stickers means that one is probably next to go.

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