Young Canadians & Homeownership
Wednesday Aug 28th, 2024
ShareDespite rising housing costs and affordability challenges, young Canadians are steadfast in their pursuit of homeownership. Key points include: 1. Prioritization: Young Canadians under 30 are prioritizing homeownership over other major life events, such as weddings, with 78% of single or unmarried individuals focusing on saving for a mortgage. 2. Affordability Concerns: While 72% of this group believes homeownership is becoming unattainable due to high costs, they still view it as crucial... [read more]