Gen X Buyers Major Force in Recreational Property Markets

RE/MAX Ontario-Atlantic Canada, Generation X purchasers are poised to replace aging baby boomers as the major force in recreational property markets across the country, according to a report released today by RE/MAX.

The report found demand for recreational properties from Gen Xer’s (those born between 1965 and 1980) has nearly doubled over one year ago.  “Much of the activity in the marketplace today has to do with the mindset of this particular generation,” says Elton Ash, Regional Executive Vice President, RE/MAX of Western Canada.  “More important than the investment aspect is the commitment to lifestyle.  The purchase of a waterfront home or a condominium is more than a simple transaction to Gen X purchasers – owning a recreational property underscores their dedication to family and balance.”

Click here to read the full report.


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About Marg

is an award-winning real estate Broker who has successfully been helping people move since 1989. When it’s time for a move in or out of a bigger, smaller, better, more expensive, less expensive, newer, older, house, condo, farm, investment property, vacant lot or business, talk to Marg.

This entry was posted by Marg on Tuesday, June 2nd, 2009 at 3:29 pm and is filed under Buying Real Estate, Georgian Triangle - South Georgian Bay, Selling Real Estate, Vacation Property. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Comments

  1. gen xer says:

    […] by those occupying … If you're a Gen Xer sitting in your house, you're muttering something …Gen X Buyers Major Force in Recreational Property Markets …RE/MAX Ontario-Atlantic Canada, Generation X purchasers are poised to replace aging baby boomers as […]

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