MBOttawa_stack_colourPMS.png Apply Now
Current Mortgage News
Mortgage News

Under 35s most intent on buying homes

Canadians younger than 35 are the age group most intent on buying a home over the next two years, according to a survey released Thursday.

Published

Canadians younger than 35 are the age group most intent on buying a home over the next two years, according to a survey released Thursday. Most of the 18-to 34-yearolds indicated in the Royal Bank of Canada's annual home-ownership survey that it would be better to wait until next year to make a purchase. "In a more balanced housing market, it makes sense that younger and firsttime homebuyers are waiting to assess all of their options and do their research before buying a home," said Bernice Dunsby, RBC's director of home equity.