Yup, that's it. My house is a semi detached, 1400 square ft home and it was $450 000 5 yrs a go! Now it would cost about $550 000-575 000 for this same house. I dream about living outside of Toronto and having an ensuite, walk in closet and a big yard. But I like city life and being able to walk everywhere. The houses are a good investment though as the prices aren't as negatively effected when the market starts to turn. Until the bubble pops that is.