Baby boomers in leading markets express sustained confidence in real estate!

A new report released by Mustel Group and Sotheby’s International Realty Canada revealed that confidence in the country’s real estate market remained considerably robust among baby boomers in leading markets such as Vancouver, Toronto, Calgary, and Montreal.

Baby Boomers by definition are individuals who were born during the timeframe of 1946 – 1964.  This group is currently the largest population group.

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The joint study titled “2017 Generational Trends Report: Canada’s Intergenerational Wealth Transfer & Next Generation Home Buyers” found that 61% of urban baby boomers indicated a belief that their real estate investments have outperformed their financial investments.

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