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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.
You can expect condo sales in downtown Toronto to spike again
A recent report found that condo buyers are extending their home search to the outskirts of the Greater Toronto Area, likely in search of relatively affordable prices and more square footage for their dollar. I don’t think this trend will last long.
We have to improve housing affordability for future generations
I’m sensing a lot of negativity these days - not just in the housing market, but all around the world and close to home. And you know what? I’m tired. Thank goodness the Canada Day Long weekend is coming up.
Generation Z will soon have the most purchasing power
It looks like millennials have officially taken over the City of Toronto, but they won’t hold their top position long as Generation Z is on the rise.
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.
Nearly half of Gen Zers want to buy a home in the next few years
Forget millenials, it’s time to talk about Generation Z. Okay, don’t forget millennials, they are clearly still an important demographic when it comes to the economy and influence on the housing market.
