December 2012 Buyer Survey Results

The results from the Okanagan Mainline Real Estate Board's Buyer Survey from December are out & here they are!

 

Property Type

 

29% of purchases were made by Move-Up buyers

17.5% were 1st Time buyers

11.3% were Recreation property purchases

9.3% were Revenue/Investment purchases

5.2% were a move from Single Family Home to Strata

4.1% were a move from Strata to Single Family Home

3.1% were a move to Retirement or Senior's Community

 

Buyer Type

 

29% were 2 Parent Family with Children (up from 27% compared to November 2012)

21% were Empty Nesters/Retired (up from 19.4%)

20% were Couple with No Children (down from 27%)

15% were Single Female (up from 10%)

13% were Single Male (up from 8%)

4% were Single Parent with Children (down from 5.3%)

 

Moving From

 

68.7% moved from within the OMREB area (up from 57.6% compared to November 2012)

9% moved from Alberta (down from 11.6%)

7% moved from Lower Mainland/Vancouver Island (down from 10.5%)

4% moved from other parts of British Columbia (down from 9.3%)

4% moved from Eastern Canada/Maritimes (up from 2.9%)

3% from outside Canada

2% moved from Saskatchewan (down from 4.1%)

2% moved from North West Territories/Yukon (up from 0.6%)

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