18 March 2013

Scotiabank – aging Canadians don’t plan to sell their homes

According to the latest Scotiabank report Canadians tend to remain homeowners as they grow older. In other words, the national real estate market won’t see a huge wave of Baby Boomers selling their houses.

“Despite some other forecasts, population aging will not cause a great selloff in Canadian real estate,” – said Adrienne Warren, senior economist and real estate specialist at Scotiabank…

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