Baby Boomers’ Investments in Residential Real Estate Outperforming Other Financial Investments

Toronto, Ontario, Feb. 13, 2018 (GLOBE NEWSWIRE) —

A joint report from Mustel Group and Sotheby’s International Realty Canada highlights high levels of confidence in Canadian real estate performance and financial returns amongst Canada’s urban baby boomers. 61% of baby boomers in the country’s four largest metropolitan areas indicated that their real estate investments have outperformed other financial assets such as RRSPs, TFSAs, stocks, and bonds. A significant percentage of Canadian boomers are confident that real estate will continue to outperform their financial portfolios in the future.

According to the Canada’s Intergenerational Wealth Transfer & Next Generation Home Buyers, a report on generational trends, baby boomers residing in Vancouver, Calgary, Toronto and Montreal who currently own real estate expect the returns of their property to outperform financial investments within the next five years. Overall, 47% anticipate real estate gains to…

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