The booming condominium market in the GTA has been fueling real estate sales for years, providing buyers with options for investing and living. TD Canada Trust’s 4th Condo Poll revealed that the low maintenance of condos compared to homes is the biggest motivation for those buying condos, making up 36 per cent of their decision-making power, while affordability comes in second at 24 per ...
Posted by Paul Baron
on October 15, 2011
If Canada’s household debt were evenly divided up between all Canadians, a family with two children would collectively owe $176,461. A bit of scary information, isn’t it? This statistic was recently revealed in a study conducted by the Certified General Accountants Association of Canada. Household debt, defined as the outstanding balance of household credit, including consumer credit ...
Posted by Paul Baron
on September 5, 2011
According to the TD Canada Trust Boomer Buyers Report, more than half (56 per cent) of Canadian baby boomers have not paid off their mortgages. TD polled 1,000 boomers born between 1946 and 1964 for the Boomer Buyers Report conducted in October 2010. Of those who have not paid off their mortgage, one third have paid off more than 75 per cent of their mortgages while another quarter of the boomers ...
Posted by Paul Baron
on August 26, 2011