Published 1 month ago

N.B. seniors staying put in their homes, affecting housing market for new buyers

Summary by Ground News

Realtor Jake Palmer says seniors are staying in their homes longer because they have few options to downsize in a tight market. Only about 20 per cent of people aged 75 to 79 are selling up, with most waiting until they're 85, 90, or even 95. Long-term care bed shortage also contributes to problem, says Cecile Cassista.

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CBC News

N.B. seniors staying put in their homes, affecting housing market for new buyers

Jake Palmer, a Realtor in Saint John who has been in the trade for about 15 years, says a recent development has him concerned: seniors are increasingly staying in their homes longer.

1 month ago·Canada

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