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Renovation boom with older homeowners aided by stay-at-home adult children, according to CMHC

10/4/2016

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TORONTO — It’s hard to downsize when your adult children are still living at home, a situation proving to be a key factor in the booming renovation market.
Canada Mortgage and Housing Corp. said in a report Tuesday that young adults staying home longer have persuaded parents in the 55-64 cohort to pour more money into their aging homes to create more space rather than put the house up for sale.  more details....

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    Sylvie Ann Messer
    ​
    Mortgage Broker

    Brokerage: INVIS, Inc.
    Fredericton, NB​

    Broker License # 160000397
    506-206-3672
    Cell: 506-471-3775
    ​Fax: 506-206-4655

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  • Home
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  • APPLY NOW - PRE APPROVALS
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    • Home Buyers Guide
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    • Current Mortgage Rates
    • Our Lenders
  • Realtors
  • Contact
  • Testimonials
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