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Independent topical source of current affairs, opinion and issues, featuring stories making news in Canada from immigrants, newcomers, minorities & ethnic communities' point of view and interests.

Miranda McKenna: Baby Boomers

Baby boomers: TORONTO - Baby boomers may be looking to trade their traditional single-family homes for the convenience and comfort of the condo craze, but a mass exodus is likely still a long ways off, real-estate experts and recent retirees say. , according to Winnipeg Free Press. But not all baby boomers will be willing to forgo the lifestyle of a single-family dwelling, said Miranda McKenna, a realtor with Real Estate Homeward brokerage in Toronto. A condominium under construction is shown in Toronto on Saturday, February 4, 2012. Baby boomers may be looking to trade their traditional single-family homes for the convenience and comfort of the condo craze, but a mass exodus is likely still a long ways off, real-estate experts and recent retirees say. THE CANADIAN PRESS/Pawel Dwulit Related Items Articles MAP: Income in Canada's urban centres NHS: Immigrants, minorities struggle to earn living, build life in Canada What the 2011 census, and its controversial sidekick, have shown us so far The convergence of boomers reaching retirement age at the end of an era of historically low interest rates has conjured fear about the impact on the housing market of a growing number of homeowners choosing to downsize to condominiums. (www.immigrantscanada.com). As reported in the news.