A new study shows that today’s seniors are not selling up their family homes and downsizing to a retirement property; they want to keep on moving up! The exclusive survey carried out by Equifax for the Financial Post shows that the number of Canadians over the age of 75 with a mortgage is growing. The study reveals a 20 per cent increase of over 55’s with a mortgage in the past two years. In volume terms that’s 1.87 million, which is still relatively small. For over 75’s the average mortgage debt is $133,944, a rise of 11 per cent in two years.
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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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