2017 GENWORTH CANADA FIRST-TIME HOMEOWNERSHIP STUDY

A snapshot of first-time homebuyers

Did you know:
9 out of 10 first-time homebuyers are millenials

41% of first-time homebuyers bought on their own

61% of first-time homebuyers put a down payment of less than 20%

*These results are based on a Genworth Canada 2017 Homeownership Study, conducted from Jan 28 - Feb 9, 2017 which surveyed 1,803 Canadians between the ages of 25-40 to gain deeper insights into Canadian attitudes on homeownership and the financial fitness of today's FTHB. This bi-annual study, first launched in 2015, is relatively consistent with previous result findings. *