A slim majority of Canadians believe that reducing home prices is more important than keeping them stable, but most still feel that housing affordability is unlikely to improve in the next five years, according to a new poll.
The survey, conducted for The Globe and Mail by Nanos Research, found that 52 per cent of Canadians said reducing prices was necessary, while only 35 per cent felt prices should be kept stable. Thirteen per cent of respondents were unsure.
