Lots of graphs and pie charts, but how do these numbers translate to home buying trends
By
Mark Schadenberg
The
family structure or should I say household demographics has certainly changed
considerably in the past 2 generations.
I’m 50, and grew up in a home with 4 siblings, so it was a family of 7 in total.
I’m 50, and grew up in a home with 4 siblings, so it was a family of 7 in total.
With new numbers released this summer,
Stats Canada states the average household is now 2.4 people as so many
live alone, and so many couples have no children.
I
don’t have all the pie charts to consult (there is a lot of data added here as posted by Stats Canada), but this smaller-family fact or series of confirmed
numbers has a great effect on real estate as – in my opinion – there might not
be buyers for all the larger 4-bedroom residences that exist now, especially in
smaller communities which are not enjoying a great amount of overall growth or
stability. As our demographics age, I can foresee a future where large bungalows are very popular, and since lots are smaller than ever, most new detached homes are built as 2-storey structures.
Oxford
County -- and Woodstock in particular -- is a great place to raise a family
with strong employment, terrific schools and parks, and many more amenities
such as libraries and sports facilities
Fewer
people are getting married and fewer people are having families.
Stats Canada must also calculate percentages for common-law living and you will see in one of the graphs here that Quebec is leading the way in non-married couples.
Canada’s
numbers, which are obviously gleaned from the 2016 Census forms we filled out,
depict a similar percentage of 'people living alone households' compared to Britain and
the U.S., but our percentages are much lower than countries such as Sweden and
Germany.
From
the Stats Canada report:
()()()()()()()()()()()
One-person households became the most common type of household
for the first time in 2016, surpassing couples with children, which were
down from 31.5% of all households in 2001 to 26.5%
in 2016. In comparison, the percentage of one-person households
was 25.7% in 2001.
At the time of Confederation few people lived alone, and the
vast majority of households were family households. Since 1951, the
percentage of households comprised of just one person increased steadily,
from 7.4% to 28.2% in 2016. Looking at it another way,
in 2016, 13.9% of the Canadian population aged 15 and over
lived alone, compared with 1.8% in 1951.
()()()()()()()()()()()
Meanwhile, no matter what your family scenario is, call me today to begin your house buying process in Oxford County.
As I mentioned above, our area has great schools, but did you know Woodstock has 1 French-only school, but also 2 French immersion elementary schools. Our city has a brand new ball diamond complex, a wonderful indoor / outdoor soccer complex, a 7-plex movie theatre, an art gallery, Theatre Woodstock (Includes a children's troupe called Stages), a gymnastics club, badminton club, curling club, 3 arenas, several kilometres of cycling trails, South Gate seniors centre, an adult-only subdivision (www.thevillagesofsallycreek.com), and of course box mall shopping.
To make friends fast, you can also talk to me about joining the Lions Club of Woodstock.
LINKS:
* * * * *
Mark Schadenberg, Sales
Representative
Senior Real Estate Specialist
(SRES designation)
Royal LePage Triland Realty
Independently Owned & Operated, Brokerage
757 Dundas St, Woodstock
(519) 537-1553, cell or text
Email: mschadenberg@rogers.com
Twitter: markroyallepage
Facebook: Mark Schadenberg, Royal LePage Triland
Discussion . . . Direction . . . Determination . . .
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