Instability in housing market leaving Canadians with mixed feelings: RBC poll

just starting off, Canadians are going through mixed emotions on the housing market, with some feeling optimistic compared to the previous year, while others are still uncertain amid a looming threat of recession.that surveyed 2,756 Canadians between Jan. 10 and 23, 40 per cent of respondents say they expect to pay less for a home now in comparison to a year ago.

Additionally, there are feelings of overall uncertainty for some Canadians when it comes to understanding and taking advantage of the housing market, with 25 per cent of Canadians polled saying they're unsure about the state of the market we're in and 18 per cent saying they don't know if it's a good time to buy a home now.

The poll found 73 per cent of pre-first-time buyers would still consider buying a house or condo a good investment, and 78 per cent said they are currently in a better position to buy a home in comparison to previous years.

There is NOTHING mixed about it, it's a freaking 💩 show !

Housing should not be a commodity, it should be a right.

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RBC poll shows mix of optimism and uncertainty about Canada's housing market - BNN BloombergCanadians are more optimistic about the housing market in 2023, according to new poll from RBC, but many are unsure about whether it‘s the right time to make a purchase. Once interest rates begin to decline next year, prices will rise steadily 15% per year compounded for next 2 decades. goodkarma4344 Lol.
Source: BNNBloomberg - 🏆 83. / 50 Read more »