Property Type:
25.9% by First Time Buyers (up from 16.2 in March)*
18.6% of purchases were by Move-Up Buyers (down from 24.6% )
11.8% buying Revenue/Investment Property (up from 10.6%)*
10.5% moving from Single Family Home to Strata Unit (same as March – 10.6%)
5.5% moving into Retirement Home/Seniors Community (down from 7.8%)
4.5% moving from Strata property to Single Family Home (down from 6.1%)
* During the month of April, there was substantial
Property Type:
24.6% of purchases were by Move-Up Buyers (up from 21.3% in February)*
16.2% by First Time Buyers (down from 19.7%)
10.6% moving from Single Family Home to Strata Unit (up from 7.1%)*
10.6% buying Revenue/Investment Property (down from 13.2%)
7.8% moving into Retirement Home/Seniors Community (up from 7.1%)*
7.3% purchasing Recreation Property (down from 12.6%)
6.1% moving from Strata property to Single Family Home (down from 6.3%)
FEBRUARY SURVEY SUMMARY
Property Type:
21.3% of purchases were by Move-Up Buyers (up from 19.8% in January)*
19.7% by First Time Buyers (down from 24.8%)
12.6% purchasing Recreation Property (up from 11.6%)
9.4% buying Revenue/Investment Property (down from 13.2%)
7.1% moving from Single Family Home to Strata Unit (down from 10.7%)
7.1% moving into Retirement Home/Seniors Community (up from 2.5%)*
6.3% moving from Strata property to Single
The Bank of Canada announced this morning that it is holding its target for the overnight rate at 1 per cent. The Bank sees economic growth in Canada picking-up through 2013, as growth in exports and business investment offset a slowdown in household spending and residential construction. On inflation, the Bank noted that low core and total CPI inflation have been more subdued than the Bank projected, owing to significant excess capacity in the economy. Given low inflation and what the Bank terms
When you’re shopping for a new home, you want to find a property that has all the features and characteristics you want. A large deck surrounded by picturesque landscaping ... a beautiful kitchen with gleaming marble countertops... a cozy finished basement with fireplace....
You should look for the ideal home. You deserve it! But some home buyers make the mistake of becoming fixated on finding the "perfect" property, and passing too quickly on those homes that don't quite
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