Back to Blog
27 Apr

Trends in Canadian Mortgage Market

General

Posted by: Cory Kline

  • 70% of Canadians own homes!
  • The average Canadian credit score is 700!
  •  78% of Barrie homes sell within 30 days!
  • Average house price in Barrie has increased by 15% recently.
  • Home values are expected to go up for the rest of this year and into next year.
  • Unemployment is expected to remain low.
  • The government could start to slowly raise interest rates after the USA election but rates will remain low.

Thank you Greg Casey from Genworth for your insight.