Strong Temptation to Sell By Canadians Close to Retirement

It appears a new trend may be in the works, with a certain demographic of Canadians. However, tying back to my previous blog post, many would-be sellers are afraid to become buyers in the current market. “[A new] poll conducted by Leger found that among those in the 55-64 age group, 56 per cent are considering […] The post Strong Temptation to Sell By Canadians Close to Retirement appeared first on Andy Schildhorn, PREC.

It appears a new trend may be in the works, with a certain demographic of Canadians. However, tying back to my previous blog post, many would-be sellers are afraid to become buyers in the current market.

“[A new] poll conducted by Leger found that among those in the 55-64 age group, 56 per cent are considering selling their homes because they need the money for retirement. The problem for many of those people, particularly in the Vancouver and Toronto markets, is that they don’t know where they are going to live once they sell.”

For more: http://business.financialpost.com/personal-finance/mortgages-real-estate/canadians-close-to-retirement-getting-tempted-to-sell-new-data-suggests

The post Strong Temptation to Sell By Canadians Close to Retirement appeared first on Andy Schildhorn, PREC.