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Trend in single homebuyers – Calgary Herald

With an increasing trend in one-person households in Canada, more people these days are buying homes on their own. According to TD Canada Trust research, 47 per cent of first-time homebuyers in Alberta buy their first home on their own (without a co-purchaser). In Canada, that percentage is 43 per cent.
Full article – http://tinyurl.com/ctdhjzp

So, there are more people living alone in Canada and even more in Alberta. There is also a lack of affordable single-family inventory and there is new condo development everywhere which is forcing condo prices down. Together this suggests that condo sales should be going up. But REALTORS® Association figures show that condo sales as a percentage of total sales are dropping. It’s interesting.
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