Nearly half of Canadian millennials believe homeownership is a ‘pipedream’
Though millennials may be the most educated and making a decent amount of money, homeownership still seems like a “pipedream” to many of them, according to the results of a new poll commissioned by KPMG.
A shocking number of Canadians worry that they’ll never be debt free
Nearly all Canadians believe the average household is in too much debt, and it looks like everyone is right. The results of the Manulife Bank Debt Survey shows that 40% of indebted Canadians do not expect to escape their debt in their lifetimes.
Workspace at home may become essential as baby boomers downsize
A recent survey from RBC Royal Bank found that 42% of small business owners in Canada are baby boomers and 24% are millennials. And who are the largest groups of homebuyers in the country? Boomers and millennials.
Am I contributing to the housing supply shortage by not downsizing?
Will aging baby boomers really prevent millennials from moving up and buying single-family homes in Toronto? A new report from the Canada Mortgage and Housing Corporation suggests this will happen.
Nearly half of Canadian parents plan to help their kids buy a home
The Housing Affordability Survey, a Leger poll of more than 1,500 Canadians, commissioned by FP Canada, discovered that 48% of parents with children under 18 years of age intend to assist with the purchase of a first home.
How millennials influence homebuying patterns in the Greater Toronto Area
A recent report from RE/MAX of Ontario-Atlantic Canada says that homebuying activity in the Greater Toronto Area has shifted to the west, but millennials may swing activity back to the east in the near future.
Are baby boomers buying homes for their kids?
The latest report from credit specialist, TransUnion Canada, found that mortgage activity across Canada is slowing, but those aged 54 years and up are bucking the trend.
Baby boomers are about to flood the condo market
Baby boomers are about to impact the condo market in a big way, according to the results of the Royal LePage Boomer Trends Survey, conducted by Leger.
