Canadians are putting off their plans to buy a house due to interest rate hikes and inflation. In particular, 29 percent of young Canadians have changed their plans to purchase a home due to the rising cost of living, according to a Royal LePage survey.
Since the beginning of the year, overall in Canada, 19 percent of people who had plans to purchase a home delayed or deprioritized their plans, according to the Royal LePage survey.
