29/09/2025
First-Time Buyers Delaying Home Purchases Another Year Despite Improved Market: Poll
anadian Mortgage Trends ~ September 25th, 2025
Potential first-time homebuyers are continuing to put off purchases this year despite improving market conditions such as lower interest rates, rising inventory and softening prices, a new report says.
| 13% of Canadian adults are actively working toward purchasing a home within the next two years, but just a small proportion of that group plans to buy in the next 12 months. Around 82% of them said they plan to make a purchase in 12 to 24 months. Royal LePage president and CEO Phil Soper said first-time buyers want to enter the market with as much certainty as possible. Click here to read the full article. |
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