Tuesday, March 5, 2013

Half of Boomers not interested in downsizing homes

A September survey by Leger Marketing delivers some interesting results: 43.5% of respondents who were born between 1947 and 1966 want another primary residence that is a similar size or larger than their current property.

The February 26th article in the Financial Post shares some interesting insight into the new normal for Boomers in Canada: "...some Baby Boomers prefer to keep big homes for when the children and grandchildren flock home for the holidays; with the dissolution of marriages, kids frequently return to roost."

Read the full article here.

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