1 in 5 homes in Canada bought by newcomers, Royal LePage survey says

October 16, 2019

1 in 5 homes in Canada bought by newcomers, Royal LePage survey says

Row houses under construction in Royal Oak, Calgary. (Postmedia News)

The Royal LePage Newcomer 2019 Survey found that newcomers spend about three years in Canada before buying a home and that 75 per cent of newcomers arrive with savings or cash to help buy a home.

The research showed that 86% of newcomers see real estate as a good investment.




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