Here’s some fresh dataHome-Purchase-Report from CMHC’s newly-released Renovation and Home Purchase Report: 2 T* t2 p9 h4 X& J; f; c& V 5 G/ Y- o+ M# p * 6% of Canadian households bought a home in 2009 * K8 x9 e* U' X& K. q$ S* F * 43% were first-time buyers (up from 36% in 2008) 4 V m+ X }9 V* z3 |/ r* H * 35% of buyers were age 18-34' J* E; `- ~& s
* 66% bought a home that was more expensive than their previous residence; 22% bought a less expensive home* I) b5 Q. Z0 b2 p0 _ X! X2 ~ Q5 l0 o
* 59% bought a larger home; 24% downsized & `8 l9 r, _2 A- o3 [ * 74% bought an existing home; 22% bought new construction `5 t. p1 D: q4 n
* 55% purchased a single-detached home; 18% bought an apartment condo! g8 y' G2 X: t% p- }" ~* R
* 5% of households intend to buy in 2010; 53% of those are renters+ ]8 {' n0 Q( d& l
* 42% of those intending to purchase plan to make a down payment of 20% or more. 0 H/ m L4 f" B7 b5 T% H& y) L2 t ' y+ k5 T9 U) S6 \. @. B/ E& sThe report surveyed 5-10 metropolitan areas across the country.