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Nearly half of baby boomers don’t plan to downsize

Blog by Brad Herman | March 23rd, 2013

The suburban dream is alive and well.

Close to half of baby boomers – 43.5 per cent – planning to move to another primary residence said in a recent survey they’re seeking a home that is just as big or bigger than their current property.

That goes against the perception that the boomer generation would create an oversupply of single-family homes as they move into smaller residences, says a new Royal LePage Real Estate survey.