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Rings versus Real Estate: Canadians are downsizing their wedding dreams to get on the property ladder
Rings versus Real Estate: Canadians are downsizing their wedding dreams to get on the property la...
About this update from Bridgemarq Real Estate Services, Inc.
[{"type":"text","content":"\n\n\nRings versus Real Estate: Canadians are downsizing their wedding dreams to get on the property ladder\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prntal{\nTEXT-ALIGN: LEFT\n}\n\n\n\n\n\n\nCanada NewsWire\n\n\nNearly 8 in 10 Canadians would consider requesting money for a down payment on a home as a wedding giftHighlights:79% of respondents say they would consider requesting money for a down payment on a home instead of a traditional wedding gift.Respondents in British Columbia are the most likely to request financial contributions toward a down payment in place of other wedding gifts.Those in Manitoba, Saskatchewan and Quebec are less likely than the average Canadian to request money towards a home as a wedding gift.A majority of respondents (82%) would forgo or significantly scale back a wedding in order to put money towards a down payment on a home.When asked to identify the biggest or most important purchase in a person's life, 83% of respondents said a home.TORONTO, May 21, 2026 /CNW/ - A recent Royal LePage® survey, conducted by Burson,1 suggests a majority of Canadian couples are willing to skip an expensive wedding celebration to afford the purchase of a home… or wish they had. \nNationally, of those planning a wedding or who have someone in their life who is, 79 per cent of respondents say they would consider requesting money for a down payment on a home instead of a traditional wedding gift (37% say definitely, and 42% say maybe). Of those respondents who are already married, 57 per cent say they would have liked to request money for a down payment on a home instead of a wedding gift; 10 per cent say they did in fact request money for their wedding.\"Few milestones carry more weight than buying a home or getting married. As the cost of...