If Canadian wages are on the decline, eroding due to the 2% Bank of Canada inflation (yet the Governor of BoC refuses to increase the Bank Rate to encourage and protect savings), then why are there listings for Toronto Area housing in the $Million range, increasing by over 30% compared to last year?

Are people who purchase houses not declaring their income for statistical purposes? I know there are a few female professionals like Doctors who work as doctors in the daytime, but work as escorts off-hours to very wealthy clientele who are known figures in some of the Top 5 banks in Canada.

The only thing I could think of is that Torontonians are engaged in working under the table, gambling, prostitution, Dating website Sugar Baby Income,etc. etc. to purchase those overpriced houses while being able to qualify for a mortgage.