Albertans among most generous in Canada when helping family buy a home


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Albertans are among the many most keen within the nation in terms of serving to relations buy a house, a brand new survey has discovered.

RBC’s Residence Shopping for Sentiment Ballot, launched earlier this month, discovered about three in 10 Albertans surveyed would assist their kids, or different relations, purchase a house.

That’s barely under the nationwide common of 31 per cent, led British Columbians at 37 per cent. Ontarians ranked second at 32 per cent, adopted by Alberta in third.

When it got here to how a lot cash people would pony as much as assist for a down fee, Albertans once more ranked close to the highest, says Amit Sahasrabudhe, vice-president of dwelling fairness finance, merchandise and acquisitions at RBC.

“The polling knowledge tells us they’d give their family members a median of $59,958 to help a house buy.”

That’s barely under the nationwide common of $60,513, a determine skewed by Ontario the place the common quantity respondents would give was $71,663.


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