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Daily Archives: June 12, 2025

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Homebuying Canadians? Slowed Down As Recession Fears Rise

Posted on June 12, 2025
By Eric MajdalaniMortgage
recession25

A growing number of Canadians are pressing pause on homebuying plans as economic anxiety deepens, according to BMO’s latest Real Financial Progress Index. 74% of respondents now say they’re concerned about a looming recession, up sharply from 60% just a month earlier. And with affordability worsening, half of Canadians now believe homeownership is even less…

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