July 25, 2019
Three-in-ten British Columbians have bought a property in the past few years, with Generation Xers (35%) leading the way. When thinking about their next home, Millennials (ages 18 – 34) favour a condominium, while Generation X (ages 35 – 54) is looking for a detached house. Four-in-five British Columbians say it is currently difficult to purchase a home in their city or town. Affordability is a Province-wide issue. While much has been written about affordability being a Metro Vancouver problem, the numbers are high all over the province including Northern BC (90%), the Fraser Valley (79%) and Vancouver Island (74%). Source: BC Real Estate Association
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