It's not all bad news in the Canadian economy. Some of the fundamentals set us apart from a number of other countries. Here are some interesting points about the Canadian housing market. Did you know that 70 per cent of Canadians are homeowners and that rate of ownership is the highest in the world. And furthermore, 40 per cent of Canadian homes are owned free and clear of a mortgage. Half of the homes purchased in Canada in the last two years have been purchased by first-time buyers. And that's largely due to the fact that interest rates haven't been this low in 63 years! If you know someone who is interested in buying or selling property in Stayner, Collingwood, Wasaga Beach, Creemore, Meaford and surrounding communities, please don't hesitate to give us a call. |
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