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News: Vancouver Real Estate Market

BOOMER TREND SURVEY UNVEILS REAL ESTATE INTENTIONS OF POWERFUL DEMOGRAPHIC

Posted on June 30, 2021 by David Reimers

Posted in BC Real Estate, Boomers, Canada Real Estate, Home Owners, Market Data

Survey Highlights:

40% of boomer homeowners have at least half of their net wealth in real estate
52% of boomer homeowners would prefer to renovate their current property over moving
17% of boomer homeowners currently own more than one property
64% of boomer homeowners are mortgage-free
25% of boomers say they have or would assist a child financially to buy a home

TORONTO, June 30, 2021 – According to a recent Royal LePage survey of boomers in Canada, defined by StatsCan as having been born...

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News: Vancouver Real Estate Market

BOOMER TREND SURVEY UNVEILS REAL ESTATE INTENTIONS OF POWERFUL DEMOGRAPHIC

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