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Canadian Households Now Need Up To 34 Years of Savings For A Downpayment

The first hurdle to buying a home in Canada is getting much higher – saving for a downpayment. A National Bank of Canada (NBC) analysis shows it took a record number of months to save a downpayment in Q4 2020. Households need to save for the longest period in history, passing even the late 1980s […]

The post Canadian Households Now Need Up To 34 Years of Savings For A Downpayment appeared first on Better Dwelling.

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