Monday, March 8, 2010

Young Canadians lead home buying this year

If you're between the ages of 18 and 24- you're the age group expected to lead the way in home buying this year in Canada.
This according to a new survey done by Royal Bank; they found that 15% of Canadians in this age group are very likely to buy this year, almost double that of last year. And 35% of young Canadians are intending to buy a home due to "good real estate prices and low interest rates".

Canadian Press says " It's a marked shift in the attitudes of younger Canadians, who have tightened their budgets over the past few years to cope with tough jobs markets and the recession."

Read the full article here

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