Transit Friendliness a Top Priority for 1-in-3 Young Family Homeowners in Vancouver

A report released today by Mustel Group and Sotheby’s International Realty Canada brings into focus the importance of commuting issues for urban families, and uncovers trends relating to public transit and transportation that have potential implications for local real estate markets. The report also uncovers new information about the neighbourhood characteristics that young families value most when buying a home, highlighting new priorities amongst this increasingly influential cohort.

Press Release

Media Coverage:
Vancouver Sun
BC Business
Daily Hive
TriCity News
London Free Press
Calgary Herald

About this release:
The results are based on an online study conducted from August 9th to September 6th, 2018. A total of 1,743 “modern families” were surveyed, using a disproportionate sampling method to enable analysis within each metropolitan area, as well as across the combined metros (Census Metropolitan Areas, CMAs). The data has been statistically weighted to match Canada census on the basis of age, household income and home ownership within each CMA and to bring the total sample into proper proportion based on relative populations.

The margin of error on a random probability sample of 1,743 respondents is ±2.3 percentage points, 19 times out of 20, and ranges from ± 3.5 to 4.9 points for 400-800 respondents.