Here’s some fresh dataHome-Purchase-Report from CMHC’s newly-released Renovation and Home Purchase Report: 0 M3 n/ c& u1 [6 j* o9 M" M+ m, m . G: M9 `" T4 }+ M' ^ * 6% of Canadian households bought a home in 2009 6 [ D8 R2 y @& B/ ^ * 43% were first-time buyers (up from 36% in 2008)2 \+ I9 q! D1 W: M( A* G
* 35% of buyers were age 18-34 0 W6 b7 Z8 P3 a3 }/ L& q e7 I* _ * 66% bought a home that was more expensive than their previous residence; 22% bought a less expensive home + M- p8 U) D- t$ k0 d9 P+ l * 59% bought a larger home; 24% downsized " n2 Y) M) |5 b$ l# _2 v; P% \ * 74% bought an existing home; 22% bought new construction# T( u$ ?- t8 R8 B/ N1 M
* 55% purchased a single-detached home; 18% bought an apartment condo $ Y" i) _) c2 i2 w1 t& |: ?- Y. v. Q * 5% of households intend to buy in 2010; 53% of those are renters - _4 e' a# C% r3 J) _3 R+ E8 d( k * 42% of those intending to purchase plan to make a down payment of 20% or more. $ K5 Q9 h* P$ n! D, g& X 4 t7 K7 A7 i, z. `7 M# } }The report surveyed 5-10 metropolitan areas across the country.