Canadian millennials buying houses at younger age than their parents: report
February 5, 2016
Canadian millennials aged 25 to 34 are better off than their American counterparts — and are entering the housing market at a younger age than their parents did, suggests a new report from TD Economics.
“In Canada, millennials … have found good jobs, higher incomes — particularly females,” said Diana Petramala, an economist for TD Economics and co-author of the report.
“That’s allowed them to enter home ownership sooner than their U.S. counterparts, and even at a younger age than their parents did over 30 years ago.”
Keep reading: http://www.cbc.ca/news/canada/british-columbia/millennials-buying-houses-1.3423018