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.




Tags:

More Stories

Ontario will allow all short-term rentals to operate starting Friday, June 5

June 4, 2020

Canada’s mortgage insurer tightens rules as it forecasts home-price drop of up to 18%

June 4, 2020

Home sales bounce back in Toronto, Vancouver after shutdowns

June 3, 2020

Leave a Reply

Your email address will not be published. Required fields are marked *

You may have missed

More than one million jobs lost in Ontario since pandemic was declared

June 5, 2020

New Brunswick makes face coverings mandatory in buildings open to the public

June 5, 2020

Ottawa delays 5G spectrum auction because of COVID-19

June 5, 2020

National unemployment rate hits new record even as economy adds jobs

June 5, 2020

10-year-old Canadian singer wows the stars on ‘America’s Got Talent’

June 4, 2020