This trend places Canadians ahead of their American and Australian counterparts in terms of willingness to share a mortgage; 55.2 percent in the US and 56.4 percent in Australia.
Younger Canadians, particularly those aged 18 to 25, are more likely to consider buying with friends or family, with nearly 80 percent of respondents in this age group open to such arrangements.
Previous home buying trends highlight that 42.5 percent of participants have purchased homes with a romantic partner, while nearly a third have never bought a home before. Another 21 percent have bought independently.
Despite the growing interest in joint home purchases, concerns remain.
The top concerns among potential buyers include the fear of risking the relationship (55.2 percent), differing opinions on suitable properties (47.1 percent), financial irresponsibility of the potential co-buyer (14.2 percent), lack of trust (11.9 percent), and insufficient familiarity with the co-buyer (8.2 percent).
