First-time buyers leapfrogging into new homes thanks to big equity gains
In the last decade, runaway price appreciation in Canada has turned move-up buyers into a particularly fortunate segment of the market.
Homeowners are trading up faster and sales in the move-up segment saw a jump in 2012 over 2011 – despite the overall trend of dwindling sales and modest price gains.
But if you bought a home more than five years ago, you’re particularly lucky …
Read full article at http://blog.buzzbuzzhome.com/2013/02/move-up-buyers-equity-remax.html