Buyers - check out where they are from and what they are buying!!


Property Type:

23.0% by First Time Buyers (down from 25.4% in February)

19.7% by Buyers Downsizing (up from 17.4%) *

17.7% by Move-Up Buyers (up from 16.7%) *

8.0% moving from Single Family Home to Strata Unit (down from 13.0%)

7.5% buying Revenue/Investment Property (down from 13.0%) *

6.6% moving from Strata Property to Single Family Home (up from 0.7%) *

6.1% buying Recreation Property (up from 3.6%) *

1.4% moving into Retirement Home/Seniors Community (up from 0%) *

* During March, there were increases in purchases by buyers who were downsizing and moving up, revenue and recreation property buyers, and people moving from stratas to single family homes - compared to the previous month.

Buyer Type (Family Dynamic):

26.7% Two Parent Family/Children (up from 19.4% in February) **

24.9% Couple without Children (up from 21.5) **

20.2% Empty Nester/Retired (down from 22.2%)

12.7% Single Female (down from 15.3%)

9.8% Single Male (down from 16.0%)

5.6% Single Parent with Children (up from 4.2%) **

** There were more purchases by two-parent families, couples without children and single parents during March, while other buyer categories were down compared to February

Moving From:

60.2% from Within OMREB Board Area (down from 66.7% in February)

17.2% from Alberta (up from 11.8%) ***

9.2% from Lower Mainland/Vancouver Island (up from 6.9%) ***

5.5% from Other Areas in BC (down from 6.2%)

2.7% from Saskatchewan/Manitoba (down from 4.2%)

2.7% from Outside Canada (up from 1.4%) ***

2.3% from Eastern Canada/Maritimes (down from 3.5%)

0% from NWT/Yukon (same as February)

*** More buyers moved from within the Board area, Lower Mainland and Vancouver Island, and from overseas during March, while migration from other areas declined compared to February.

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