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 Nouvelles

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.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 31. in FR

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

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.
La source: SooToday - 🏆 8. / 85 Lire la suite »

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...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

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.
La source: CP24 - 🏆 30. / 67 Lire la suite »