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

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