New Facts On Home Buyers

宛若英雄

Here’s some fresh dataHome-Purchase-Report from CMHC’s newly-released Renovation and Home Purchase Report:

& I# I9 n6 L$ ~' H) X6 T4 a    * 6% of Canadian households bought a home in 2009
    * 43% were first-time buyers (up from 36% in 2008)
    * 35% of buyers were age 18-34
    * 66% bought a home that was more expensive than their previous residence; 22% bought a less expensive home
5 p3 I4 ?+ K5 a- T: [3 o- e    * 59% bought a larger home; 24% downsized
3 G; ~# ~7 q3 u# V* B3 j/ ]6 C. U, ?    * 74% bought an existing home; 22% bought new construction
$ @5 z" u- t" x& q/ j( ~    * 55% purchased a single-detached home; 18% bought an apartment condo
    * 5% of households intend to buy in 2010; 53% of those are renters
, _% A" m) @/ d% ]    * 42% of those intending to purchase plan to make a down payment of 20% or more.

The report surveyed 5-10 metropolitan areas across the country.

yuz967

what is your point?

宛若英雄

Do I have to have a point? lol

小黄

* 74% bought an existing home; 22% bought new construction
9 F8 R( w$ _7 ~/ Z" }5 Q( u* u4 r% g, p宛若英雄 发表于 2010-6-11 10:48

How about the other 4%?

playball

[ * 5% of households intend to buy in 2010; 53% of those are renters

only 5% of households intend to buy in 2010, lol. how many people want to sell in 2010?