Uxbridge Information & Events

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Home Ownership Matters

Home Ownership Matters 

Here are just a few of the reasons

Why Home Ownership Matters 

To People, To Communities, To Ontario 

  • In 2010, MLS® sales in Ontario Generated 9.3 billion in additional consumer spending.
  • It has been estimated that home sales on MLS® generate over 80,000 direct and indirect jobs annually in Ontario.
  • 28% of Ontario households are tenants

A recent poll released by the Ontario Real Estate Association(OREA) indicates 70% of renters would like to buy a home at some point in the future. Over 50% of those polled indicated affordability was the key reason for holding back.

The Poll also revealed that 81% felt that home ownership is more difficult than it was for their parents and 89% felt it was only going to become more difficult in the future.

"Today's poll is compelling evidence that a majority of Ontarians are concerned about the affordability of home ownership for themselves and future generations," said John Wright, Senior Vice President of Ipsos Reid.

 

 


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or to learn what housing options Uxbridge
and the surrounding area has to offer;
be it condominium or detached homes,
in town or rural communities,
country homes, estates or farms
just give me a call or Text Me


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Kathy Clulow  Sales Representative RE/MAX All-Stars Realty Inc..  Brokerage 905.852.6143
Each office independently owned and operated  Not intended to solicit clients already under contract

Comments

Here is a link to the press release of the poll results by Ipsos Reid

Posted by Kathy Clulow ASP® SRES® Uxbridge Ontario Real Estate (RE/MAX All-Stars Realty Inc. Brokerage) about 1 year ago

Kathy,

That is a very important statistic. Home ownership makes sense for both financial and personal reasons.

Brian

Posted by Brian Madigan LL.B. (RE/MAX West Realty Inc., Brokerage (Toronto)) about 1 year ago

Brian - and yet even with todays low interest rates we still see that Over 50% of those polled indicated affordability was the key reason for holding back.

Posted by Kathy Clulow ASP® SRES® Uxbridge Ontario Real Estate (RE/MAX All-Stars Realty Inc. Brokerage) about 1 year ago

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