Check out these Infographs from OREA regarding Ontario's Real Estate Market and how it's doing.
Ontario Home Ownership Index shows positive movement in sentiment
Current market outlook in Ontario:
Market Predictions for next year:
84% of Ontarian's agree that over the long term, it makes mroe sense to own rather than rent,
78% say home ownership is important to them.
79% say Real Estate is a good investment
79% say owning a home gives them a sense of pride.
Top 3 Reasons to purchase a home:
- Long term investment
- Desire to own a home
- Affordability / availability