Chart 1
Rising housing prices influence younger Canadians' decision to move
Note(s):
Proportion of people who have been influenced by rising housing prices in their decision to move or not move, by age, 2022. Deciding to move or not to move includes: "I wanted to buy a home or move to a new rental, but did not because of rising prices" or "I purchased a home or moved to a new rental sooner than planned, or chose a more affordable option, because of rising prices (e.g., purchasing a house or moving to a new rental before prices potentially rise more, downsizing to a more affordable house or rental)."
Source(s):
Canadian Social Survey (5354).
Chart description
This is a bar clustered chart.
decision to move influenced (%) | |
---|---|
15 to 24 years | 33.0 |
25 to 34 years | 43.6 |
35 to 44 years | 32.3 |
45 to 54 years | 21.6 |
55 to 64 years | 14.3 |
65 years and older | 8.1 |
Note(s):
Proportion of people who have been influenced by rising housing prices in their decision to move or not move, by age, 2022. Deciding to move or not to move includes: "I wanted to buy a home or move to a new rental, but did not because of rising prices" or "I purchased a home or moved to a new rental sooner than planned, or chose a more affordable option, because of rising prices (e.g., purchasing a house or moving to a new rental before prices potentially rise more, downsizing to a more affordable house or rental)."
Source(s):
Canadian Social Survey (5354).
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