10/05/2024
For many Canadians, the dream of homeownership feels increasingly out of reach. Rising prices and interest rates continue to pose challenges, leaving potential buyers in a tough spot. As the market evolves, it's crucial to explore alternative paths to homeownership and advocate for policies that promote affordability. Let's work together to find solutions that make owning a home a reality for everyone.
Buying a house may remain out of reach for many Canadians for the foreseeable future, with mortgage costs unlikely to fall enough to offset lofty home prices and weak spending power, economists and real estate agents say.