Homeownership

• Homeownership, pension plans playing big role in Canada’s wealth gap

  Homeownership was the main factor in the difference in net wealth among Canadians surveyed by Statistics Canada, with renters coming out behind on a median basis.

  Economy

  Oct 30
  
• As homeownership plummets, young Canadians are moving in with family: poll

  Some 26 per cent of Canadians aged 18 to 34 own a home today, down from 47 per cent in 2021, according to new Scotiabank polling released Tuesday.

  Money

  Oct 29
  
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• Who’s happier, homeowners or renters? Data says it’s complicated

  In data collected from January to June of 2021, survey respondents were asked to rate their satisfaction levels on a scale of 0 (lowest satisfaction) to 10 (highest satisfaction).

  Canada

  Jun 26
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• How barriers to homeownership are impacting young Canadians’ future plans

  StatsCan warns that the shift away from homeownership being seen by younger Canadians could pose potential risks to people wanting to improve their financial status and wealth.

  Canada

  Feb 28
• Can’t buy a home? Here’s how to build your wealth outside the housing market

  Housing has long been a go-to path to building wealth. But as the market slows and remains difficult to access, experts say there are options outside real estate.

  Economy

  Oct 8, 2022
• Canada’s housing market appears to be cooling. Is this the right time to buy? 

  Home prices are falling in many parts of Canada, but there are important factors to consider before making an investment, according to some experts.

  Consumer

  Aug 28, 2022
• First housing summit in Laval, Que. looks at solutions to make homes more affordable

  Hundreds of people from across the province met in Laval, Que., to discuss the housing crisis, trying to find solutions to make housing more affordable and accessible.

  Canada

  Aug 26, 2022
• Variable mortgages have surged in popularity. Are they still the cheaper choice?

  More than half of Canadians taking out or renewing mortgages in the second half of 2021 went the variable route, though that trend has started to plateau, the CMHC says.

  Money

  Jul 6, 2022
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• 1 in 4 homeowners say rising mortgage rates could push them to sell: survey

  Rising interest rates could push roughly one in four homeowners to a point where they have to sell their homes, according to a new survey.

  Money

  Jun 13, 2022
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• Nova Scotia to give $203K to Habitat for Humanity housing project

  The project will create 77 affordable housing units in Spryfield, N.S., which families will be able to purchase with no down payment and an interest-free mortgage.

  Canada

  Apr 4, 2022