The Royal Bank of Canada's annual home ownership survey found 27 percent of Canadians polled intend to purchase a house over the next two years, up from 23 percent a year earlier.
The online poll of 2,026 Canadians conducted by Ipsos Reid between Jan 6-9 also found 65 percent of those surveyed believe it is a buyers market right now.
Of those intending to buy, three in 10 saw favourable housing prices as a driving factor. The survey found 54 percent of Canadians expect housing prices will fall in 2009, up from 31 percent a year ago.......................
The RBC survey, which is considered accurate within 2.2 percentage points, 19 times out of 20, said 83 percent of respondents remain positive that home ownership is a good investment. This was down from 85 percent a year earlier and 90 percent in 2006...
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Toronto real estate. Canada home buying intent up
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