Study Finds Non-Homeowners Are Pessimistic About Buying Homes Despite Cooling Prices

Study Finds Non-Homeowners Are Pessimistic About Buying Homes Despite Cooling Prices
Houses for sale in a new subdivision in Airdrie, Alta., Jan. 28, 2022. The Canadian Press/Jeff McIntosh
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A new study conducted by Chartered Professional Accountants of Canada (CPA Canada) finds that Canadians who don’t own homes think home ownership remains far out of reach despite prices cooling slightly across the country.

CPA Canada says half of non-homeowners surveyed believe it’s unlikely they ever will buy a home, 21 percent think it’s very likely while 29 percent view it as somewhat likely.