27% of Canadian renters plan to buy a home in 2 years, with insufficient income and housing affordability issues in major cities cited as major barriers.
27% of Canadian renters plan to buy a home in the next 2 years, according to Royal LePage's survey, with insufficient income being the main reason for not purchasing. The survey also reveals that Maritimes and British Columbia renters are the most pessimistic about homeownership due to factors like low supply, high demand, and high interest rates contributing to a housing affordability crisis in major Canadian cities.
June 20, 2024
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