Has anyone else paid attention to Housing prices? Wow

Lori and I have been watching and looking for about 3-4 years ago. We live in a town of 2500 population. All services(ng, munic water/sewer, water is flat rate not metered, garbage/recycling, street lights, roads plowed.) Cant really ask for much more. Taxes low, approx $2500/year. We have a decent amount of equity but by no means mortgage free. I've been here 20 years and want something different with more property and a bigger shop. In order to do that we would have to double our mortgage amount due to the jump in pricing. Lori and I both aren't comfortable doing that. Not at "50-ish" lol. Where we are looking prices have doubled in price. "New Canadians" and others have moved from the larger populated areas (Toronto is 90 minutes west of us) closer to us and the smaller populated areas. They sell their $1Mill house in T.O. take the $500k profit and move here mortgage free. New toll road extension (Hwy 407) came within a 1/2 hr of where we are. Another reason for the price climb. Millbrook is where we wanted to move, or somewhere close. New subdivision houses there are $650k, F that! You can hear the neighbour fart for f sakes.
We will probably stay put and sink$$ into an addition on the house and one for the shop too. We got good neighbors that dont cause issues and occasionally catch her coming outta the hot tub!:thankyou:
Over 8000 sq ft lot so not a postage stamp, but a 1/2 acre would be nice.
We have 3 kids and worry they will never own a house.