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

  • 📰 globebusiness
  • ⏱ Reading Time:
  • 18 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 41%
  • Publisher: 66%

Cent Nachrichten

Poll,Mortgage,Bank

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.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 31. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Entry 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.
Herkunft: SooToday - 🏆 8. / 85 Weiterlesen »

Entry 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...
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

Entry 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.
Herkunft: CP24 - 🏆 30. / 67 Weiterlesen »