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Affluent Canadians have homes worth $1.5 million

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Canadian Realestate Magazine | 26 May 2015, 06:54 AM Agree 0
A new survey from BMO Private Banking found that high-net-worth Canadians (with investible assets of at least $1 million) are almost certainly homeowners (95 per cent) and their homes are valued at an average of $1.5 million.
  • James Bay | 26 May 2015, 02:28 PM Agree 0
    How does that math work?
    "Those in Quebec are most likely to have a mortgage (20 per cent), while those in B.C. are least likely (13 per cent). Those in Alberta are most likely to have paid off their mortgage (70 per cent)."
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