Home Ownership Dreams Persist Despite Challenges
Vancouver News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Despite house prices dropping, home ownership remains a distant dream for many Canadians. A new poll shows 67% have always wanted to buy, but only 32% expect to in the next two years. Younger people struggle with down payments, but experts suggest market conditions are improving. First-time buyers are expected to enter the market later this year, boosting activity in cooling prairie and eastern markets. Some builders in Calgary offer rent-to-own programs, but owning a home still seems challenging for many.
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