Ontario home prices are dropping. So why aren’t millennials buying?

As Canadians wait for the next interest rate announcement by the Bank of Canada on June 4, a recent survey paints a gloomy outlook for millennial homebuyers.

The Bank of Montreal (BMO) Real Financial Progress Index released earlier this month suggests two-thirds of millennials (66 per cent) believe they’ve already missed their home-buying moment.

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Ottawa
Ontario
Canada

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