More Canadians are considering become homeowners as lower interest rates make it even more attractive. With rents higher and mortgage rates lower almost half of all those surveyed said they were thinking of getting on the property ladder in the next five years and among the younger demographic that figure was 75 per cent. The Bank of Montreal report shows that 15 per cent of those thinking of buying are doing so as a direct result of the Bank of Canada’s rate cut. The lower oil prices are also playing a part with those in Ontario and Atlantic Canada feeling particularly upbeat about finances thanks to lower gasoline prices. However for many households the survey shows a focus on cutting existing debts rather than taking on new ones.
Jamie Henry
About Me
- Jackie Goodlet, Broker
- GTA, Ontario, Canada
- A New Sales Record Has Been Achieved By The Jackie Goodlet Team Who Work Out Of The Whitby Office And Specializes In High End Resale And New Home Sales. According To Broker Dave Pearce The Jackie Goodlet Team Wrote More Transactions Than Anyone Else In The 30 Year History Of Our Firm. Their 255 Transactions Had A Total Volume Of More Than $185,000,000 (185 Million). With Over 25 Years Experience In The Business The Jackie Goodlet Team Has Acquired A Wealth Of Knowledge In All Areas Of Real Estate Including Resale, New Builds, Cottages, Lease, Condos, Vacant Land, Investment And Commercial Properties. With Exceptional Negotiating Skills We Are Confident We Can Save You Time And Money On All Your Real Estate Endeavours. We Look Forward To Hearing From You And Your Referrals Are Always Welcome And Rewarded!
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