48% of Ontarians changing moving plans due to high interest rates

It’s leading some to give up this milestone completely – 10% of respondents do not plan on owning a home, while a further four per cent put off plans of buying a home due to high interest rates. In the survey, 30% of people believe that real estate is a good investment if you can afford it, and 17% of respondents believe that homes were a good investment before the rate hikes, but do not anymore. “You're not leveraging it the way that we have been, where, at the end of the day, I don't know how much better off we are because we don't have the savings.”

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