Most non-homeowners in Calgary say owning is not realistic: poll

A recent poll reveals that 74% of Calgarians who are not homeowners believe owning a home in the city is unattainable. Renters face rising rental prices due to interest rate increases, price gouging, and a lack of available units. However, there is a shift towards more rental construction. Homebuilders emphasize the need for more land to accommodate growth. Many families are opting for multi-generational living to enter the housing market. Despite financial struggles, Canada's inflation rate has decreased, and mortgage rates are being cut, offering some relief.