More than three quarters of Canadians aged 55 to 64 own their homes, according to Canadian Mortgage and Housing Corp. But after 65, home ownership is increasingly less popular. At 75 and older, for example, about two-thirds are still owners.
http://www.theglobeandmail.com//globe-investor/personal-finance/mortgages/downsizing-seniors-take-the-money-and-run/article23880518