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Generation X Remains Largest Consumer Group Turning to Private Lenders

By November 8, 2018July 7th, 2022Financial Solutions

When looking at demographic trends for private mortgages over the last two and a half years, Generation X (39 – 53 years old in 2018) has remained the largest group of consumers who turn to private lenders.

42% of all private mortgage transactions and 43% of the all private mortgage funds are provided to Gen X.

In comparison to the market as a whole, Gen X represents 43% of all mortgage transactions and 48% of all mortgage value.

Want more demographic real estate data? Download the October 2018 Teranet Market Insights Report. Get your copy here: https://www.teranet.ca/wp-content/uploads/2018/10/Market-Insight-Report_Oct-2.pdf