What's The Worst Case Scenario For Real Estate In 2023
The Canadian Real Estate Investor
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Canadians Still Want Larger Homes?
32% of those who plan to buy in the next five years feel their home isn't suitable for them anymore, whether that size or current location. The share of respondents considering moving to a more affordable home has increased, but remains below 4%. When asked to rate on a sliding scale from 0 to 10, how much they view their home as an investment versus a place to live, an average respondent rated their home 80% place to live for 20% as an investment.
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