Entry to Canadian housing market feels out of reach for 76% of non-owners, poll suggests

Cent News

Entry to Canadian housing market feels out of reach for 76% of non-owners, poll suggests
PollMortgageBank
  • 📰 globebusiness
  • ⏱ Reading Time:
  • 18 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 41%
  • Publisher: 66%

CIBC says the online survey done in February found that 70% of non-owners cited overpriced markets as one of the main barriers to achieving their homeownership goal

says 76 per cent of Canadians who don’t own a property say entry to the housing market feels out of reach.

The poll also found that 55 per cent of non-owners said they’ll only be able to afford a new home with an inheritance or gift from their family.The bank says 51 per cent of variable-rate mortgage holders polled said they’ve been cutting back on everyday expenses, while 21 per cent are putting lump sum payments toward their mortgage.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

globebusiness /  🏆 31. in CA

Poll Mortgage Bank Entry Reach Property Cibc CIBC CM-T CIBC

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.

Entry to housing market feels out of reach for 76% of non-owners: CIBC pollEntry to housing market feels out of reach for 76% of non-owners: CIBC pollTORONTO — A new poll done for CIBC says 76 per cent of Canadians who don't own a property say entry to the housing market feels out of reach.
Read more »

Entry to housing market feels out of reach for 76% of non-owners: CIBC pollEntry to housing market feels out of reach for 76% of non-owners: CIBC pollTORONTO — A new poll done for CIBC says 76 per cent of Canadians who don't own a property say entry to the housing market feels out of reach. The bank says...
Read more »

Entry to Canada's housing market feels out of reach for 76% of non-owners: pollEntry to Canada's housing market feels out of reach for 76% of non-owners: pollA new poll done for CIBC says 76 per cent of Canadians who don't own a property say entry to the housing market feels out of reach.
Read more »

O.J. Simpson dead at 76O.J. Simpson dead at 76O.J. Simpson sits during an evidentiary hearing in Clark County District Court on Thursday, May 16, 2013 in Las Vegas. Simpson served nine years for an armed robbery in Nevada.
Read more »

OJ Simpson, fallen football hero acquitted of murder in 'trial of the century,' dies at 76OJ Simpson, fallen football hero acquitted of murder in 'trial of the century,' dies at 76LAS VEGAS (AP) — O.J. Simpson , the decorated football superstar and Hollywood actor who was acquitted of charges he killed his former wife and her friend but later found liable in a separate civil trial, has died. He was 76.
Read more »

OJ Simpson, fallen football hero acquitted of murder in 'trial of the century,' dies at 76OJ Simpson, fallen football hero acquitted of murder in 'trial of the century,' dies at 76LAS VEGAS (AP) — O.J. Simpson , the decorated football superstar and Hollywood actor who was acquitted of charges he killed his former wife and her friend but later found liable in a separate civil trial, has died. He was 76.
Read more »



Render Time: 2025-02-16 00:23:32