Wednesday, June 10, 2009

Buyer's Market!

Canada Mortgage and Housing Corporation's annual consumer survey shows that a majority of home buyers believe a home is a good investment and that this is a good time to buy a house! 90% of recent home purchasers believe that home ownership is a good long term investment. 86% say that housing and monthly payments should not exceed 40% of gross household income and 75% of purchasers have a goal to be mortgage free sooner than their original amortization.

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