After years of soaring home prices, there was hope that rising interest rates would lead to lower prices in 2023 and give young Canadians an entry point into the market . And while they did go down, higher mortgage rates have left housing as unaffordable as ever. For those without family help or oversized paycheques, buying a home is just not financially realistic. We’re dedicating the last episode of this season of Stress Test to exploring why people are giving up on homeownership and how they see their financial future.
Coming soon: Season nine of Stress Test
5 personal finance resolutions for 2024 (that you can actually keep)
Salaries, mortgages and EVs: The top personal finance stories of 2023
Can you really afford a dog?
What the tightening job market means for you
So, you splurged. Now what?
The struggle is real: how homeowners are coping with soaring mortgage rates
Dual income, no kids: How much more fun are they having?
Adulting with roommates: solo living is a luxury in today’s rental market
Coming soon: Season eight of Stress Test
How soaring rents are transforming student life
'Punched in the face by my investments’: How to endure stock market swings
How climate anxiety is shaping small and large financial decisions
Save money and the planet: How thrifting can help combat inflation
Fertility treatments can be a massive, unexpected cost for Canadians. Here’s what you should know
Taxes 101: Tips to make the most of your return this season
Why millennials and Gen Z are Alberta-bound for a more affordable life
Coming soon: Season seven of Stress Test
Rising interest rates brought pain for new homeowners - and opportunity for house hunters
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