Buying a home feels out of reach for 76% of non-owners, poll shows

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Buying a home feels out of reach for 76% of non-owners, poll shows
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An overpriced housing markets and the inability to save for a down payment are contributing to the housing market feeling out of reach for a majority of non-owners, a report said.

For the majority of Canadians who don’t own property, the dream of homeownership is feeling elusive, a new CIBC report suggests.

The two biggest reasons for homeownership feeling out of reach were overpriced housing markets and the inability to save for a down payment , according to the survey.delivered to your email every Saturday. “Housing affordability is a challenge across the country and many Canadians could use guidance on how to make their homeownership dream a reality,” Carissa Lucreziano, vice-president, financial planning and advice, at CIBC, said in a release.Cineplex sees box office revenue up 46% from 1 year ago

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