Canadian Real Estate News Headlines (November 06, 2018) | Jethro Seymour, Top Davisville Real Estate Broker

Hello everyone. How is your Monday so far? 

I provide you with Canada’s news headlines for real estate news for today. 

What Do Young Canadian Real Estate Buyers Want? – A Study

A new Sotheby’s study has found that the white picket fence is still the gold standard for young Canadians.

If money were no object, 83% of young families would buy a detached home. Only 5% would choose to live in a condo.

More details can be found here. 

Volatile or Steady? Opinions Are Varied about Canada’s Housing Market

Depending on whom you ask, Canada’s housing market may still be at high risk or it may be out of the danger zone. With statistics that seem to prove both points of view, the average homebuyer or seller can easily be confused by varying opinions. The truth is, fortunately, simpler than it seems: the Canadian housing market can be better understood when looked at provincially rather than nationally.

More details can be found here. 

43% of Modern Family Homeowners Have Abandoned Dream of Single Family Home Ownership

A new report released today by Mustel Group and Sotheby’s International Realty Canada reveals the impact of rising housing costs on young families across the country’s major metropolitan real estate markets, highlighting the significant contrast between the home ownership aspirations and realities of this demographic. 

More details can be found here.