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Wednesday, July 13th, 2016

Is it time to downsize your home, sweet home?

The Globe and Mail Downsize Your Home Worksheet is designed to help people think through some of the financial considerations involved in selling the family home and moving to something smaller. Sure, there are lifestyle factors in deciding when to sell. But there’s also the state of the real estate market to consider. Should you […]

CMHC probes how much Bank of Mom and Dad may be skewing real estate market – Ask a Vancouver Mortgage Broker

CMHC probes how much Bank of Mom and Dad may be skewing real estate market Federal housing agency trying to determine how much, and how often, parents are helping kids with down payments Between 18,000 and 20,000 new condominium units are expected to be sold in 2014, says the Canadian Mortgage and Housing Corportation. By: Susan […]

Aging workers aren’t giving up on finding work, they’re simply retiring: RBC – Consult with a Vancouver Mortgage Broker

Aging workers aren’t giving up on finding work, they’re simply retiring: RBC New study shows that the 6.9 per cent unemployment rate is likely not hiding people who have given up on finding work but indicates baby boomers 65 and older are leaving the workforce OTTAWA—A new Royal Bank analysis suggests the Canada’s labour market […]

Survey focuses on two generations of buyers – Ask a Vancouver Mortgage Broker

By Jean Sorensen The millennials (known also as the children of baby boomers born between 1972-1992) and the post Second World War baby boomers (born 1946-1965) are making the greatest impact on the real estate industry today. “Both the boomers and the millennials want move-in ready homes,” says Century 21 Real Estate Canada president Don […]

What your parents didn’t teach you about money – Vancouver Mortgage Broker

Let’s face it, Baby Boomers haven’t set the greatest example for those who are just starting out. By Gail Vaz-Oxlade | Online only As I crossed the country earlier this year promoting my latest book, Money Rules, I spoke with thousands of university and college students about what it takes to not make the mistakes their parents made. Let’s […]

Despite Challenges, Canada’s Generation Y Still Plan to Own Homes, According to Royal LePage National Survey

New mortgage regulations and current home prices seen as obstacles by Generation Y TORONTO, ON, March 20, 2013 – Although there are genuine hurdles to owning a home for Canadians, a new Royal LePage Real Estate survey shows that Generation Y (born between 1980 and 1994) and Baby Boomers (born between 1947 and 1966) still strongly desire […]

How Will the Baby Boomers Affect the Future Housing Market? – From your Vancouver Mortgage Broker

How Will the Baby Boomers Affect the Future Housing Market? – From your Vancouver Mortgage Broker The baby boomers are the largest single generation alive today. They are aging but they are still very affluent. Many forecasters believed that they would eventually leave their larger homes and that this might result in the creation of […]

Aging Boomers spur housing needs by 2030

Garry Marr Sep 8, 2011 A new study from the Conference Board of Canada predicts that by 2030 about 80% of new housing demand will be consumers in their golden years. It will bring a new wave of homes that are very low maintenance, like condominiums or seniors residences. At the same time the shift […]


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