Housing

Only 45% of Canadians Living in Their Ideal Home
Housing Survey

Only 45% of Canadians Living in Their Ideal Home

54% own home, 63% seek more space despite cost issues
Six in Ten (63%) Canadians Who Don’t Own a Home Have “Given Up” on Ever Owning One
Economy Survey

Six in Ten (63%) Canadians Who Don’t Own a Home Have “Given Up” on Ever Owning One

Two in Three (67%) Canadians Agree that Owning a Home is Only for the Rich
No Place Like Home: Majority of Canadians Agree Their Home Has Become More Important to Them (75%) and Feel More Emotionally Connected to Their Home (65%) Because of the COVID-19 Pandemic
Housing Survey

No Place Like Home: Majority of Canadians Agree Their Home Has Become More Important to Them (75%) Because of the COVID-19 Pandemic

Younger Canadians Report Learning More About Real Estate Investment Since COVID
A toy house and a house key on a wooden table
Housing Survey

Rising House Prices, Large Down Payments Deterring Many Canadians from Buying Homes

Two in Three (66%) are Concerned Rising Home Prices Will Prevent them from Being Able to Afford the Home They Want
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Housing Survey

The Housing Crisis in Canada: Three-Quarters (75%) of Canadians Who Don’t Own A Home but Want to Buy One, Say They Can’t Afford to

Three-fifths (61%) Report That Their Cost of Living Has Increased, Over the Past Year, Suggesting That Wages Might Not Be Keeping Up with Inflation
Toronto condominium
Housing Survey

Home Buying Intentions in Ontario Hold Steady (19%), With Likely Buyers Anticipating Paying 12% More for a Home in the Next Year

Main Reasons for Home Buying Include Needing More Space (21%), Low Interest Rates (12%), and Life Changes Due to Pandemic (9%)
Light on in window of condo building
Housing Survey

Likely Home Sellers in Ontario Anticipate 15% Higher Sales Price Amidst Stable Selling Intentions (18%, -1)

Citing Favourable Market and Timing as Main Motivations to List, More Sellers Not Willing to Go Below Asking Price (27%, +10)
Front door view of two homes
Financial Security Survey

Canadians Spending More Time at Home During Pandemic, but Many Say Living Space Isn’t Equipped to Handle the Extra Activity

Three in Ten Canadians in a Relationship (28%) Say Pandemic Has Made Them Move in Together Earlier than Expected
Road leading into fog
Consumer Behavior Survey

Uneven Recovery Means Many Canadians Facing a Cold Winter; Young Canadians, Women, Renters at Higher Risk of Insolvency

As Debt Support Ends, MNP Debt Index Sinks to Second-Lowest Reading Since Inception (94%)
House with shutters
Housing Survey

Despite Pandemic, 3 in 10 GTA Residents Likely (9% Very/19% Somewhat) to Buy Home in Next 12 Months

Selling Intentions Sharply Down from Last Spring (-15); 2 in 10 (22%) GTA Homeowners Cite COVID-19 as a Reason They are Unlikely to List
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