More Canadians are teaming up with family and friends to buy a home because they cannot afford to purchase a house on their own, according to a new survey conducted by real estate brokerage Royal LePage.
Leger, which was contracted by the company, surveyed around 500 Canadians aged 18 and over. Results indicate that 6 percent of homeowners co-own their property with someone other than their spouse or significant other. Eighty-nine percent of those were on the house title with family members, while 7 percent purchased with friends. Another 8 percent co-own with someone who is not a friend or family member.

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