
There were fewer Revenue Property Buyers last month, but more buying similar properties and downsizing.
Local buyers continued to be busy in the MArket as well as Buyers from the Lower Mainland and Vancouver Island.
Please read the full report below.
Best describe your most recent Buyer (moving to/from property type)
First Time Buyer – 16.21% (16.67%)
Revenue Property Investor – 14.40% (18.99%)
Moving Up – 16.60% (16.46%)
Similar Property Type – 19.46% (14.35%)
Downsizing – 13.23% (10.97%)
Single-family Res to Strata – 4.41% (6.96%)
Recreational Property – 8.43% (9.28%)
Retirement Community – 1.56% (0.63%)
Strata to Single Family – 2.72% (2.74%)
Describe the Buyer (family dynamic):
Couple without children – 23.82% (24.79%)
Two Parent family /children – 27.27% (29.41%)
Empty nesters or retired – 20.10% (19.54%)
Single female – 12.42% (10.71%)
Single male – 11.52% (10.50%)
Single parent with children – 3.20%...