Click on the banner to search Macdonald Realty listings

Click on the banner to see this month's Macrealty Real Estate Market Reports

Friday, May 01, 2015

Downsizing seniors take the money and run

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

Photo courtesy of TOURISM VANCOUVER

Photo courtesy of TOURISM RICHMOND

Photo courtesy of CITY OF BURNABY

Photo courtesy of CITY OF NEW WESTMINSTER

Photo courtesy of CITY OF SURREY