Royal LePage 2021 Demographic Survey

The Royal LePage 2021 Demographic survey was released today! It includes insights from experts across the country and data from recent Royal LePage surveys. Some of the key highlights from the national release include:

    • Nearly half of Canadians aged 25 to 35 own their home; one-quarter of these homeowners purchased a property since the onset of the COVID-19 pandemic
  • 68% of non-homeowners aged 25 to 35 intend to purchase a home within five years
  • 72% of the cohort feels confident in their short-term financial outlook
  • 40% of the cohort saw their savings grow since mid-March
  • 52% say remote work has increased the likelihood of moving further from employer

Read the full national release here https://www.royallepage.ca/en/realestate/news/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/