CRIPPS CORNER STATS

Obviously, a lot of people love selling on this market, but the majority of the market has to be a buyer too. So, it's a bit of a hitchway since to have a good market for sellers there should be enough buyers. But unless they are moving in with their parents or they have other properties they are going to move to, they will be frustrated as buyers as well. 

There is a new survey done in Canada wherein it says that the average Canadians takes 63 months which is equivalent to  5.25 years to save for down payment.

Obviously, that depends on what market you are in. So if you wanted to buy in the Toronto and Vancouver Market it would take you 23 years and 32.4 years respectively.

Here’s the ranking of the market with the highest percentage of mortgage allocated from their wages.