Housing demand in Canada: A novel approach to classifying mortgaged homebuyers

We introduce a novel approach to categorize mortgaged homebuyers into first-time homebuyers, repeat homebuyers and

January 13, 2022

We introduce a novel approach to categorize mortgaged homebuyers into first-time homebuyers, repeat homebuyers and investors. We show how these groups contribute to activity in Canadian housing markets, and we analyze the differences in their demographic and financial characteristics.