At a time when the cost of homeownership in many urban centres is out of reach for those without familial help, owning a home is still a priority (even if also a pipe dream) for 67% of Canadians. NerdWallet | realestate realestatenews
Despite the rocky real estate climate, many Canadians still have their sights set on homeownership.
Almost half stated that they are looking to buy a property within the next five years, though just 5% say they plan to purchase said home within the next year, a period when interest rates are expected to remain restrictively high.and home prices. The reality also remains that, of those surveyed who planned to purchase a home in the next five years, 24% said they haven’t started saving for it yet.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Parent group welcomes New Brunswick premier statement that French immersion reform uncertainHiggs told reporters Wednesday his government’s plans to reform French immersion weren’t concrete and that he would make a decision based on recommendations from the Education Department
Read more »
Career cushioning can soften the landing in uncertain times, but is this really a new trend?Career cushioning is giving yourself a fall-back plan, to ‘cushion your landing’ in case of a layoff
Read more »
Doug Ford says there’s ‘pressure’ from Canadians to get a health-care funding dealVowing to work collaboratively with Prime Minister Justin Trudeau and the other premiers next week on a new health funding accord, Doug Ford says Canadians are demanding action.
Read more »
Coronavirus Update: Blood donations suggest 73 per cent of Canadians have had COVID-19Feb. 1: Tests for COVID-19 antibodies in donated blood indicate that only around 60 per cent of seniors have contracted the virus, compared to 88 per cent of those between 17 and 24 years of age
Read more »
Canadians who are angry about airlines are finding the Liberals have a case of ‘bureaucratic governmentitis’The Canadian Transportation Agency has an 18-month backlog of complaints, and about 18 per cent of complaints get withdrawn before the agency ever touches them
Read more »
GOLDSTEIN: Canadians hit with high costs paying interest on government debtCanadians will spend an estimated $68.6 billion paying interest on the country’s federal and provincial government debt of $2.1 trillion
Read more »