Over 50% of Canadians who don't already own homes don't plan to buy in the coming year, survey says

A majority of people who aren’t already homeowners have no plans to buy a house within the next year, according to a recent survey.

A poll of 1,501 Canadians on homeownership sentiment by personal finance platform NerdWallet Inc. indicated cost of living played into their lack of plans but affordability was the primary roadblock.

“The market is inaccessible to first-time buyers and there’s no surprise that Canadians believe the system is broken,” said Clay Jarvis, NerdW...