Why are young adults returning to the city?

Much has been said about Millennials — the generation born from 1980 through the late 1990s, sometimes called Gen Y and Echo Boomers — choosing downtown living.

Two-thirds of this cohort believes it is important to live in walkable neighborhoods, the consultant Robert Charles Lesser & Company has reported. As downtowns revive, Millennials often account for the lion’s share of the market.

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Market Conditions Tighten in Many Surrounding Area

The floods in southern Alberta will have an impact on the total towns sales and activity figures in the next quarter and beyond. Before it was devastated by the high waters, High River accounted for nearly seven per cent of the sales and listings activity represented in the surrounding area figures.

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