Six in ten Canadian millennials who do not own a home believe they one day will… but half say they will have to relocate

Survey highlights:

  • 72% of millennials in Canada would choose to continue living in their current city or town, if the cost of living was not an issue
  • 40% of millennials in Canada say they would change employers to be able to work fully remotely; top motivators include the cost and time associated with commuting
  • 68% of non-homeowner millennials in Canada say that owning a home is important to them
  • Nationally, more than 4 million millennials (51%) say they plan to purchase a home within the next five years
  • Royal LePage urges policy makers to remain focused on efforts to increase supply of housing in Canada, despite cooling market
  • Survey chart includes national, provincial and city-level data

Read the full article here.

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