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Thursday, May 07, 2015

Sotheby’s: Baby Boomers more likely to upsize than downsize in luxury market

Going against the commonly held belief that aging Baby Boomers are going to have to squeeze into a smaller home as they age, the Sotheby’s report found affluent Boomers in major Canadian cities are quite often doing the opposite. Boomers were more likely to upsize into a bigger living space or “rightsize” by moving into a similarly-sized space with fewer stairs.
http://news.buzzbuzzhome.com/2015/04/sothebys-canada-luxury-home-buyers-generational.html

Photo courtesy of TOURISM VANCOUVER

Photo courtesy of TOURISM RICHMOND

Photo courtesy of CITY OF BURNABY

Photo courtesy of CITY OF NEW WESTMINSTER

Photo courtesy of CITY OF SURREY