Young Canadians tempted to become property owners

A new report from the Bank of Montreal shows that more young Canadians are considering become homeowners as lower interest rates make it even more attractive.

A new report from the Bank of Montreal shows that more young Canadians are considering become homeowners as lower interest rates make it even more attractive. With rents higher and mortgage rates lower almost half of all those surveyed said they were thinking of getting on the property ladder in the next five years but among the younger demographic that figure was 75 per cent.

 

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