Demographic survey: real estate trends among 25-35 year-olds

Demographic survey: real estate trends among 25-35 year-olds

Auteur Alexandre Feydri
Date 26 févr. 2021, 19:46
Temps de lecture 34 sec

Find out more about real estate trends and highlights among young Canadians aged 25-35 over the past few years in our article.
 

Source Royal Lepage


Nearly half of Canadians between the ages of 25 and 35 own their own home; a quarter of them have purchased their property since the start of the COVID-19 pandemic.


52% say that teleworking has increased the likelihood that they will move further away from their place of work


Highlights:

  • 68% of non-owners aged 25-35 plan to buy a property within the next five years
  • 72% of this cohort are confident about their short-term financial prospects
  • Savings for 40% of this cohort have increased since mid-March
  • Royal LePage survey includes national, regional and municipal comments


Read the full article here

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