By comparison, 60 per cent of Toronto and Vancouver respondents believed real estate would do as well if not better than stocks and other similar investments.
Generation X — ages 43 to 57 — were the most confident in Calgary with 62 per cent responding that real estate’s performance over the next decade would perform as good or better than other assets. Trailing this age group was generation Z at 58 per cent, followed by baby boomers at 51 per cent. Local realtor Richard Fleming notes millennials still make up many buyers in the market, and they are typically looking for a home as a place to live first and foremost.Calgary Real Estate Board statistics from mid-March show new listings down year over year nearly 44 per cent even amid falling sales, also down 44 per cent.
Including insights from a poll from January 2020, the recent Sotheby’s study found 38 per cent of Calgary respondents today are more likely to buy a home in the next five years than they were before the pandemic.
No it’s not…😒🙄