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Baby boomers look to future when purchasing current home

by Mario Toneguzzi | Mar 4, 2020

The leading future home feature sought after to support aging-related needs is single-level leaving, cited by 60 per cent in Calgary, says survey

81 per cent of Calgarians with ‘moderate’ incomes dream of owning a home either now or in the next few years despite some economic challenges

Overall sales activity for the fourth quarter did well in an economy which faced an accumulation of headwinds throughout 2019

Benchmark home prices in Alberta’s two major cities were down close to 10 per cent from five years ago while the national price is up 39 per cent

Single family home sales over $ 1 million saw a 12 per cent decrease in MLS activity with 477 homes sold last year in the market

MLS transactions in the city will reach 16,731 sales this year which represents a 2.24 per cent hike from 2019 levels, CREB predicts

The second biggest worry for buyers is whether they can afford the mortgage payment, say more than half of Canadians in recent survey