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According to a March 2002, Ipsos-Reid
study, 75% of Canadians now have Internet
access. Most importantly, the study found that over 40% of
online Canadians have used the Internet to search for home
buying information. Other key findings of the study include:
 43%
of online Canadians have used the Internet to search for prices,
listings and other home buying information
4
million users in fall 2001 searched for information
online regarding housing
39%
visited a house they first saw online
25%
bought a house they first saw online
21%
of buyers and 8% of purchaser "intenders"
contacted an agent they first found online
24%
of buyers like the convenience of viewing online pictures
of the property without having to leave their home
23%
like being able to customize their search on the Internet
21%
like the large amount of listings and data available
7
in 10 of Canadians surveyed said if they were looking
for a house they would seek information online.
- An affordable form of insurance
- Calculating Gross Debt Service (GDS)
- Calculating Total Debt Service (TDS)
- Your monthly mortgage payments
Work through the following
worksheet to see what you can afford.
Don't forget about
closing costs
Current mortgage
rates
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