More thirty-something buyers, fewer bidding wars and a positive outlook for real estate in 2016 franchise owners respond to six key questions about Canadian market in company's year-end survey

TORONTO, Dec. 21, 2015 /CNW/ - In anticipation of another year of intense action in the Canadian real estate market, conducted a survey of its franchise owners from across Canada, with the combined responses revealing the following top six predictions for 2016:

  • Bidding wars will be less common in major markets (65.7 per cent)
  • The 30-39 age group will buy the most homes (61.7 per cent)
  • Optimistic in general about the Canadian housing market (60.4 per cent)
  • A rising number of Canadian households will choose to rent rather than buy as concerns over housing affordability grow (57 per cent)
  • The biggest factor in the home purchasing decision will be affordability (40 per cent)
  • The biggest news story will be housing bubbles that continue to grow in Toronto and Vancouver (26.7 per cent)

The online survey was conducted from December 11-18, 2015. Sixty franchise owners across 10 provinces participated.

Full survey results PDF:

Available for comment from

Ken LeBlanc, CEO
Walter Melanson, Lead Analyst 

SOURCE RockPeel Communications Ltd.

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Gavin Davidson

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RockPeel Communications Ltd.

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