Despite the pandemic, more and more Canadians want to buy a home - News Summed Up

Despite the pandemic, more and more Canadians want to buy a home


The survey found that the number of non-homeowners who want to buy in the next 12 months increased to 16 per cent in August. That’s a slight bump from 14 per cent in the first instalment of the survey in June-July. That doesn’t mean all those people will necessarily get a mortgage or move ahead to buy, said a report on the findings on Monday. But about 20 per cent of owners and about 25 per cent of renters said they had lost income due to the pandemic. Loading... Loading... Loading... Loading... Loading... Loading...“The lenders are saying they anticipate there’s going to be a small percentage of people who come off the deferral and can’t make their payments and we’re going to work with them.


Source: thestar September 14, 2020 20:40 UTC



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