Gen Z and immigrant participation in Ontario's housing market increases, with new home buyers aged 1996-2012 rising from 3% to 8% in a year, according to Tarion's survey.
Gen Z and immigrants are increasingly participating in Ontario's housing market, with new home buyers aged 1996-2012 rising from 3% to 8% in a year, according to Tarion's survey. High interest rates, cost of living, and inflation have led to a drop in potential homebuyers from 750K in 2023 to 500K. Preference for urban living has risen, with 55% of Ontarians expressing interest.
May 11, 2024
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