Homeownership attitudes reflect recent strength of housing market

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Homeownership attitudes reflect recent strength of housing market strength yyc

More to his point, the most recent April data from the Calgary Real Estate Board points to the benchmark price actually setting a new record high of $550,800, surpassing the previous high set last May of $546,000.

“Overall, Canadians feel it’s much more of a buyers’ market or balanced market when looking to buy a home,” Palucci says. Given the costs, 22 per cent nationally would help their family financially to purchase a home, the survey found, with the average amount being $68,000.Article content Although slightly more upbeat about real estate than the national average, the poll also found Albertans were more pessimistic about the economy with 83 per cent of respondents concerned about a recession.

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