Check out this article is published in December 2006 edition of CMHC's "Housing Now - Canada" pubication on pages 7 & 8! It highlights some of the findings of Statistics Canada’s Survey of Household Spending (SHS) as they relate to housing needs in the later stages of the life cycle. CMHC estimates that the 65+ population, which currently comprises 13 per cent of the total population, will more than double in the next 25 years, growing at five times the rate of the general population. The article looks at some of the potential impacts of an ageing population on housing demand.

Housing Now is a monthly publication provides topical housing-related articles and data that will help you identify trends in mortgage activity, monitor market share of mortgage credit by type of lending institution, track trends in mortgage rates, and stay on top of the demand for mortgage credit. It also gives a detailed analysis of Canada's primary and secondary mortgage markets and is ideally suited for anyone with an interest in current housing market information.

The 50-plus group is redefining how and where they want to live. With more than 10-million Canadians now aged 50-plus, the shifting mindset of this demographic is resulting in significant changes within the country’s housing market and warrants special consideration. With the new SRES Designation Program, Royal LePage Realtors will now be trained to respond to the changing housing needs, desires and options available to the 50-plus group.

The SRES designation is a North American real estate recognized designation and Royal LePage is the first organization in Canada to become a certified supplier and Royal LePage Realtors will be better equipped when working with more mature property owners.