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Baby Boomers to sway Canada’s housing market

Posted on 20 March 2013

The Baby Boom generation that helped drive up home sales in recent decades will be part of its gearing down as seniors retire and settle down for longer in one place.
Canada’s aging population will have “important implications” for future housing demand in the coming decades, according to a new report from Scotiabank. That includes a slowdown in overall housing sales, balanced somewhat by a steady number of condos purchased as Baby Boomers downsize and more people wind up living alone………………………………………..Full Article: Source


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