What Millennial Homebuyers Are Looking For
Over 7 million millennials live in Canada. This is the largest age group since baby boomers. They heavily influence the housing market.
It’s all about creativity.
The costs of homes are at a premium, and so millennials are staying home longer. Multi-generational homes are trending.
Rental potential.
Millennials are interested in renting out rooms or the basement of their homes. They want that supplementary income to help with costs.
They play the long game.
Many see the investment potential in real estate. They often keep their first homes for rental income.
As a millennial, what are you looking for in a home?