A recent poll found 64% of Canadians said timing a home purchase perfectly is impossible, while 73% said economic uncertainty makes acting harder.
Among Canadians planning to buy within the next 2 yr, 45% said now is the right time, versus 27% of Canadians overall.
Some purchasing power returned as borrowing costs eased, but mortgage rates remained well above earlier ultra-low levels, helping explain why caution still dominated decisions.
To make ownership work, 69% expected to delay major purchases, 62% planned smaller vacations, and 60% said spending and saving habits need reworking.
Even with caution, 53% of prospective buyers saw only a small window to capture lower prices before they rise again, yet 40% felt informed.
