If you're thinking about moving house you're certainly not alone – we're in the thick of one of the busiest moving months of the year!
Using data from the Canada Post Change of Address service, we can get a general idea of why people tend to move, how far they move and the timing of their move:
Reasons for moving: 22 percent of Canadians are moving because of work-related reasons while 20 percent are upgrading their home. Another 17 percent move for family reasons.
Where do people move? While the vast majority of Canadian families move within the same province, the trends show that 13 percent move to another province and four percent move outside the country. Among all movers, Atlantic Canadians are most likely (58 percent) to stay within the same city.
When do people move? Summer is generally the preferred time to move, with twice as many households moving in July as compared to January. Regionally, Westerners are most likely to move throughout the year while in Quebec, moves quadruple in July.
If you're just in the initial stages of planning to buy or sell a home, please call today for the latest real estate updates and moving tips!