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.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
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