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The majority of Canadians aspiring to buy a home say they will push their plans to next year or later to wait for interest rates to drop, a new survey shows.
Bank of Montreal says 72% of respondents hoping to buy a home will wait until borrowing costs fall – an increase of four per cent compared with last year
Among the top concerns are unexpected expenses, climate considerations such as wildfires and the high costs of homeownership.
Breaking News, Sports, Manitoba, Canada
Plans are being delayed to 2025 and beyond, the survey says