Global News: How the pandemic pushed Canadian millennials to home ownership

Nearly 48 per cent Canadians aged 25 to 35 currently own their home, and a quarter of these homeowners purchased a property during the coronavirus pandemic, according to a recent demographic survey by Royal LePage. The pandemic has steered young Canadians along “a path to home ownership,” Phil Soper, president and CEO, Royal LePage, told Global News Thursday. “As mortgage rates fell to historically low levels and the competition for entry-level housing lessened, young people saw a window of opportunity and went for it,” he said.  READ MORE...


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Mississauga Real Estate Board
3450 Ridgeway Dr #1
Mississauga, ON L5L 0A2, Canada
Phone: 905.608.6732
Fax: 905.608.9988