Canadian Mortgage Housing Corporation and Previous Generations

millennials: Not only that, the percentage that own their own homes is significantly higher during the most recent census than in previous generations, according to Vancouver Courier. Well, there we have it. According to the BCREA, Vancouver is a magnet for millennials, with the population of those between the ages of 20 and 34 growing by nearly 10 per cent since 2005. We can safely conclude that the warnings of another report released last week, this one from the Canadian Mortgage and Housing Corporation indicating that Vancouver housing market is overvalued, has no bearing on this generation. The data presented in the BCREA report seems to ignore the fact that millennials are the largest generation in Canada — hence there are just more 20 to 34 year olds out there now than there were a decade ago. The kids are sticking around and some are even buying homes, so they're alright, right Wrong. (www.immigrantscanada.com). As reported in the news.