Home seller plans of homeowners in Canada 2023
The majority of Canadians were planning to sell their home, according to a survey conducted in August 2023. Nevertheless, about 41 percent of the respondents were not planning to sell in the next five years. On the other hand, six percent shared that they wanted to sell in the coming year. The source adds that some of the reasons why homeowners are reluctant to sell in the next three years include the stress of moving and the higher mortgage rates.