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Are Millennials Moving to the Suburbs or Staying in the City?

June 17, 2019 • Financial Industry, Real Estate Industry

Recent reports from TD Bank and RBC offer opposing insights into millennial homebuying activity.

The TD Spring Homebuying Survey indicates that more millennials are moving to the suburbs, while the RBC Focus on Canada’s Housing Market April 2019 found that millennials are still coming to the city.

So, where should you put your mortgage marketing dollars if you are targeting millennials – the city or the suburbs? Read our article on the Purview blog to find out:

Purview is just one of Teranet’s Financial Services Solutions; stay tuned for our upcoming portfolio unveiling!



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