Urban exodus slowing down as Canadian homebuyers return to the office: BMO — via financialpost RealEstate News Mortgages Economy
The majority of survey respondents expect the price of a home to continue to rise next year as inflationary pressures add more costs to Canadians’ home-buying dreams.
“As consumers consider buying a home, they have to deal with rising costs on a number of levels,” said Hassan Pirnia, head of personal lending and home financing products at BMO Financial Group, in a release. “These financial hurdles are having a major impact on the purchase plans for these consumers, in terms of what they will buy and when they will buy.
BMO’s survey found that the expected amount to pay for a house increased by $100,000, a jump of 26 per cent year over year. On average, homebuyers nationwide are now expecting to pay $588,000 for a home.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Some mammals shift their schedules in urban environmentsWhen visiting cities, coyotes seem to prefer the nightlife while deer and squirrels would rather be home before dark. That's the finding of new research from University of Utah ('the U') scientists who found that mammals in urban environments shifted the timing of their daily activities, likely to avoid encountering humans.
Leer más »
Houston to build country's largest urban solar farm on former landfill in SunnysideThe project will transform the former landfill in Sunnyside, which sat dormant for more than five decades, into a 50-megawatt solar project that will generate enough energy to power 5,000 to 10,000 homes.
Leer más »
The revolutionary idea behind America’s urban trailsPioneered more than a century ago by landscape architect Frederick Law Olmsted, greenways are nature-filled city hikes that point to the future.
Leer más »
Kamala Harris's chief of staff quitting caps tumultuous period for her officeThe exodus from Vice President Kamala Harris’s office saw its biggest departure yet, with her chief of staff leaving after 15 turbulent months.
Leer más »
Brisk Walking Is Able to Slow Down The Biological Aging ProcessScientists have reported a possible link between brisk walking and biological age, as measured by leucocyte telomere length (LTL) – one of the biomarkers that scientists think we can use to assess the rate at which the human body gets older.
Leer más »