Royal LePage Survey: Nearly half of Canadians aged 25 to 35 own their home; one quarter of these homeowners have purchased a property since the onset of the COVID-19 pandemic

Read the full national release with regional insights here.

52% say remote work has increased likelihood of moving further from employer 

Highlights:

• 68% of non-homeowners aged 25 to 35 intend to purchase a home within five years
• 72% of cohort feels confident in their short-term financial outlook
• 40% of cohort saw their savings grow since mid-March
• Royal LePage survey includes national, regional and city-level insights

TORONTO, February 25, 2021 –According to a recent Royal LePage demographic survey[1], nearly half (48%) of Canadians aged 25 to 35 currently...

A Record-Setting Start to 2021

For the complete news release, including detailed statistics, click here.

Vancouver, BC – February 11, 2021. The British Columbia Real Estate Association (BCREA) reports that a total of 7,169 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in January 2021, an increase of 63.3 per cent over January 2020 and over a thousand sales higher than the previous record for the month of January. The average MLS® residential price in BC was $845,169, a 16.1 per cent increase from $728,269 recorded in January 2020. Total sales dollar volume was $6.1 billion, an 89.6 per cent increase from last year.

“It was once again a record-setting month for the provincial...