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Rana, U. (2026, October 14). A tough housing market could revive multigenerational homes, poll suggests. Global News. https://globalnews.ca/news/12101894/housing-market-multigenerational-homes/
Rana, Uday. “A tough housing market could revive multigenerational homes, poll suggests.” Global News, 14 Oct. 2026, https://globalnews.ca/news/12101894/housing-market-multigenerational-homes/.
Rana, Uday. “A tough housing market could revive multigenerational homes, poll suggests.” Global News, October 14, 2026. https://globalnews.ca/news/12101894/housing-market-multigenerational-homes/.
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A new poll by the Royal Bank of Canada suggests that nearly three-quarters (74%) of Canadians looking to purchase a home in the next two years prefer buying one they can stay in longer rather than a smaller, starter home. More than half (53%) of these prospective buyers are willing to live in multi-generational homes with their parents or other family members due to high housing costs. However, only 35% of current homeowners are open to selling and moving into a larger home with their children to help them afford a property. The poll highlights that while affordability is the main driver—34% cite it as a reason—many view multi-generational living as necessary rather than ideal, with 26% saying they would only consider such arrangements out of necessity.