Value-minded buyers fuelling strong spring housing market
April 18th, 2012Led by a growing number of young, single female buyers, "value-conscious" Canadians are helping to create a robust housing market, according to the Bank of Montreal's spring housing report.
First-time buyers being drawn into the market by low interest rates and affordable housing, are attracted to convenient, urban living, said analysts on a conference call Thursday to discuss the report.
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