Canadians Increasingly See Owning a Home for the Rich; Many Renters Giving Up

While most feel owning a home is the best investment one can make (78%, +2), Canadians are still feeling that one can be financially secure and not own a home (80%, no change).

Three-quarters (73%, +2) say high interest rates have them on the sidelines for now, and they won’t buy or sell a home as a result.

Just 20% (-10) agree it is a good time to be a homebuyer right now, and 31% agree it is a good time to be a renter. Over half (55%, +11) agree it is a good time to be selling a home.

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