Video

Canadian home prices rise, prompting creative solutions

Canadian home prices hit a record high last month. But the average income in Canada is not going up. So how are Canadians paying for those expensive homes? The CBC's Chris Brown finds out.

The CBC's Chris Brown sets out to find out how Canadians can afford such expensive homes

Canadian home prices hit a record high last month, but the average income isn't going up. How are Canadians paying for these homes? 3:49

Canadian home prices hit a record high last month, with prices in already sky-high cities like Vancouver and Toronto driving the growth.

But, at the same time, the average income in Canada is not going up.

So how are Canadians paying for those expensive homes?

The CBC's Chris Brown went to find out. Click the video above to watch as he uncovers some creative solutions.