January Stats - where did the buyers come from?

JANUARY SURVEY SUMMARY

Property Type:

22.8% by First Time Buyers (up from 17.4% in December)

20.5% by Move-Up Buyers (down from 23.9%)

14.2% by Buyers Downsizing (down from 18.4%)  

14.2% by Relocating and moving to similar property type (NEW FOR 2016)

11.8% buying Revenue/Investment Property (down from 15.4%)

4.7% moving from Single Family Home to Strata Unit (down from 12.9%)

3.9% buying Recreation Property (up from 3.7%)

3.1% moving from Strata Property to Single Family Home (down from 6.0%)

3.1% moving into Retirement Home/Seniors Community (up from 2.0%)

 

Buyer Type (Family Dynamic):

26.2% Two Parent Family/Children (down from 27.1% in December)

21.5% Couple without Children (down from 22.7%)

19.2% Single Female (up from 10.8%)

16.2% Single Male (up from 10.3%)

13.8% Empty Nester/Retired (down from 26.1%)

3.1% Single Parent with Children (up from 2.5%)

 

Moving From:

63.1% from Within OMREB Board Area (up from 58.3% in December)

12.3% from Lower Mainland/Vancouver Island (up from 10.8%)

6.9% from Alberta (down from 13.2%)

6.9% from Other Areas in BC (down from 8.8%)

5.4% from Outside Canada (up from 4.4%)

3.1% from Eastern Canada/Maritimes (up from 2.9%)

2.3% from Saskatchewan/Manitoba (up from 1.0%)

0% from NWT/Yukon (up from 0.5%)

 

 

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Derryanne Hubbard

Derryanne Hubbard

REALTORĀ®
CENTURY 21 Executives Realty Ltd.
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