Suck it! Canadian Renters Abandon Plans To Buy Real Estate This Year: BoC
Posted: April 10th, 2025, 8:41 pm
Canadian renters are hitting pause on their plans to buy a home in the next 12 months, according to a Bank of Canada (BoC) consumer survey in Q1 2025.
Following a quarter of record buying intentions, the share looking to buy this year made the sharpest quarterly decline on record. The combination of a federal election while engaged in trade wars with the world’s two largest economies, has created economic uncertainty likely to worsen before it improves.
KEEP PAYING ME!
Following a quarter of record buying intentions, the share looking to buy this year made the sharpest quarterly decline on record. The combination of a federal election while engaged in trade wars with the world’s two largest economies, has created economic uncertainty likely to worsen before it improves.
KEEP PAYING ME!