New study shows millennials do their homework...

A new study conducted by Genworth Financial, shows that millennial homebuyers are well-educated, financially literate and doing their homework before entering the housing market in Canada. We already know that the majority of first-time homebuyers are millennials, but they are becoming an even larger portion of the homebuying market, with 50% of the workforce expected to be millennials in the next five years. This is great news, because it means that this generation of homebuyers is better-informed, but is also means they want access to information (and all of the time). This will likely set the trends for the mortgage and real estate markets over…