Lower interest rates become a motivation for young Canadians to get into the housing market (Scotiabank). Despite the pandemic, 18% of Canadians 18-34 years old said their plans to buy a home have been accelerated. Rates are historic-low and they're going to be there for a long time (Bank of Canada Governor). 25% of Canadians believe prices will come down but the younger cohort was the most optimistic group (Scotiabank). Record-low rates are driving millennial's growing optimism around achieving their housing dreams.