Here’s some fresh dataHome-Purchase-Report from CMHC’s newly-released Renovation and Home Purchase Report: - n! \; T3 X9 G: v. x. u/ l2 ? " Q5 H0 u# x$ x' W9 z * 6% of Canadian households bought a home in 2009 5 ~/ C, }$ h; _1 K8 t * 43% were first-time buyers (up from 36% in 2008) # W7 V2 M" k- X) G7 a& m$ X o * 35% of buyers were age 18-34 1 {9 d5 r/ V- D4 E. I4 ?" \ * 66% bought a home that was more expensive than their previous residence; 22% bought a less expensive home( @3 v. l3 H% k. w
* 59% bought a larger home; 24% downsized m. |' K& D% i" h% Z+ y * 74% bought an existing home; 22% bought new construction8 h5 D3 a) B- b: |0 c2 I
* 55% purchased a single-detached home; 18% bought an apartment condo ! q6 Y) R2 G/ w" t: D4 J( E * 5% of households intend to buy in 2010; 53% of those are renters1 ?! {: m4 _# k
* 42% of those intending to purchase plan to make a down payment of 20% or more. ! p) r1 p6 t! N: `& Q8 M A) x9 A0 E1 p
The report surveyed 5-10 metropolitan areas across the country.
[ * 5% of households intend to buy in 2010; 53% of those are renters ; W6 P v2 |0 S& H5 _0 Q 7 {" v6 W$ r& ?2 L; V+ S! jonly 5% of households intend to buy in 2010, lol. how many people want to sell in 2010?