17 Aug Largest cohort of Millennials changing Canadian real estate.
Original article via Newswire. Click here to read.
According to the Royal LePage Peak Millennial Survey released today, high home values in Canada’s largest urban markets and job uncertainty in other regions mean new strategies and different priorities for ‘peak millennials,1 a term coined to describe the largest cohort of the millennial demographic and the impact of their potential purchasing power2.
With every census metropolitan area but Fredericton and all provinces with the exception of Quebec, New Brunswick and Newfoundland adding to their population of 25-30 year olds over the past 5 years,3 decisions made by peak millennials will be far reaching.