What happened in November?

NOVEMBER SURVEY SUMMARY

Property Type:

22.1% by Move-Up Buyers (down from 23.9% in October)

17.4% by First Time Buyers (down from 18.1%)  

17.4% by Buyers Downsizing (down from 17.7%)

12.7% moving from Single Family Home to Strata Unit (up from 11.9%)

12.2% buying Revenue/Investment Property (up from 11.5%)  

7% buying Recreation Property (up from 4.6%)

1.9% moving from Strata Property to Single Family Home (down from 3%)

3.8% moving into Retirement Home/Seniors Community (up from 1.9%)  

 

 

Buyer Type (Family Dynamic):

21.2% Two Parent Family/Children (down from 22.1% in October)

24% Empty Nester/Retired (down slightly from 24.3%)

26.7% Couple without Children (down from 27%)

10.6% Single Male (up from 9%)

12.9% Single Female (down from 16.5%)

4.1% Single Parent with Children (up from 2.3%)

 

 

Moving From:

52.1% from Within OMREB Board Area (down from 60.5% in October)

12.3% from Alberta (down from 13.1%)

11.9% from Lower Mainland/Vancouver Island (up from 9%)

11.4% from Other Areas in BC (up from 8.2%)

4.1% from Eastern Canada/Maritimes (down from 5.6%)

2.7% from Outside Canada (up from 0.7%)

4.6% from Saskatchewan/Manitoba (up from 2.6%)

0.9% from NWT/Yukon (up from 0.4%)

 

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