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What you may find interesting about Canada's Housing Market!

 

This information is very interesting as we know that we live in somewhat of a bubble in British Columbia wiht home prices. These figures represent Canada's Housing Market - worth a read! Download a copy HERE!

  • more than 90% of Canadians see real estate as a good investment
  • Buyers 25-34 make up 60% of first time buyers / 35-49 make up 25% of the first time buyers market
  • 31% of Canadian first time buyers will look at 10 homes before purchasing
  • $150,000 is the average outstanding principal on a mortgage
  • 72% of Canadians with mortgages aspire to be mortgage free by 65 years of age.
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