Posted on
May 4, 2018
by
Jenna Selinger
- The average Canadian home is a detached, three-bedroom house worth around $478,000
- House prices across the country have increased, on average, 3.6% in one year but in Toronto they have increased 33%
- 68% of Canadians are homeowners
- 67% of Canadians aspire to build their own homes
- 48% of homeowners in Canada plan to renovate this year and stats show that 61% will do so without a budget
- 18% of do-it-yourself renovation projects are eventually completed by professionals
Posted on
May 4, 2018
by
Jenna Selinger
- The average Canadian household earns just under $81,000
- 26% of Canadian couples choose to keep their money seperate
- The average Canadian carries a debt of $22,000
- 70% of Canadian parents talk to their kids about money
- One in five Canadians have zero emergency savings
- 25% of Canadians play the weekly lottery
- Since 2005, the wealthiest 10% of Canadians have seen their net worth grow by 42% — while the poorest 10% have seen theirs shrink by 150%
