According to this survey, lots of young people can and were buying real estate. The bull and bear casesThe bull case for real estate is founded on the historically low interest rates and unusually high rate of savings among Canadians — this combination is positive for real estate. (Darryl Dyck/Canadian Press)The bear case for real estate is that a lot of the demand has been pushed forward due to the low interest rates. (Katerina Georgieva/CBC)Ultimately, it will be higher interest rates that will cool real estate prices. If or when rates increase, real estate prices should moderate and then trend down — which is healthy for a market.

Source: CBC News April 18, 2021 13:52 UTC