A total of 123 respondents participated in this survey – representing 43% of the 285 OMREB sales representatives who acted as Buyers Agents and 32% of the 385 deals closed on behalf of Buyers in February.
FEBRUARY SURVEY SUMMARY
Property Type:
20.7% by First Time Buyers
20.7% of purchases were by Move-Up Buyers
14.0% buying Revenue/Investment Property
13.2% moving from Single Family Home to Strata Unit
6.6% moving into Retirement Home/Seniors Community
4.1% Recreation Property Buyers
3.3% moving from Strata property to Single Family Home
Buyer Type (Family Dynamic):
28.0% Two parent family/children
23.2% Couple without children
16.8% Empty Nesters/Retired
12.8% Single Female
9.6% Single Male
4.8% Single Parent with children
Moving From:
64.8% from Within OMREB Board Area
19.2% from Alberta
9.6% from Lower Mainland/Vancouver Island
4.8% from Other Areas in BC
0.8% from Saskatchewan/Manitoba
0.8% from Eastern Canada/Maritimes
0% from Outside Canada
0% from NWT/Yukon (fifth month reported)
OMREB- Okanagan Mainline Real Estate Board.
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