Inflation 'eroding' the ability of Albertans to buy a home: RBC poll

Malaysia News News

Inflation 'eroding' the ability of Albertans to buy a home: RBC poll
Malaysia Latest News,Malaysia Headlines
  • 📰 CTVCalgary
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 68%

Many Albertans may be looking for a side hustle or to family members to help cover the high cost of housing, a new poll suggests.

RBC's Home Ownership Poll found that challenges are continuing to mount for those looking to buy a home amid Canada's heated housing market.

When it comes to Alberta, RBC said nearly 58 per cent of residents here are considering a second job or "side hustle" to help afford a home. RBC said 76 per cent of next-time home buyers in Canada feel the housing market in their community is overpriced and 64 per cent say they won't be able to buy in the current market.

The poll was conducted online, between Jan. 25 and Feb 23, on a sample size of 2,824 Canadians aged 18 to 64. A 35-year-old man wanted in connection with the murder of Toronto resident 29-year-old Sharmar Powell-Flowers nine months ago has topped the list of the BOLO program’s 25 most wanted fugitives across Canada, police announced Tuesday.The Canadian Medical Association is asking the federal government to reconsider its proposed changes to capital gains taxation, arguing it will affect doctors' retirement savings.Canadian pet owners are finding companionship beyond dogs and cats.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CTVCalgary /  🏆 26. in CA

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How to invest to hedge inflation: Inflation sensitive ETFsHow to invest to hedge inflation: Inflation sensitive ETFsWith inflation data consistently exceeding expectations, Financial Futurist Dave Nadig joins Wealth! to discuss strategies for building inflation-proof...
Read more »

Province unveils plan to protect Albertans from power price swingsProvince unveils plan to protect Albertans from power price swingsThe Alberta government is proposing measures, to take effect in January 2025, that aim to protect power consumers from wild price swings under the Regulated Rate Option.
Read more »

Province surveying Albertans about student cellphone use in schoolsProvince surveying Albertans about student cellphone use in schoolsAlberta's government is taking a renewed interest in student cellphone use within the province's schools.
Read more »

From fire restrictions to bans: What Albertans need to know as the temperature warms upFrom fire restrictions to bans: What Albertans need to know as the temperature warms upAs Alberta prepares for what's expected to be a busy fire season ahead, many municipalities are restricting fire activities.
Read more »

'Our place in the universe': Southern Albertans take in partial solar eclipse'Our place in the universe': Southern Albertans take in partial solar eclipseWhether through a telescope or solar viewing glasses, southern Albertans were treated to a 30 per cent partial solar eclipse Monday.
Read more »

'Nobody needs to suffer': Albertans still not having surgeries on time'Nobody needs to suffer': Albertans still not having surgeries on timeMany Albertans needing surgeries such as hip and knee replacements aren't having the procedures done on time, according to a new study.
Read more »



Render Time: 2025-08-27 18:22:50